Woulfe Mining Corp WFEMF

playing devil's advocate

[Dareg]

Could this merger be a good thing???

1/ merged share structure allows for a more attractive PP

2/ we still participate in 41- 48% of the blue sky potential ( pre dilution)

3/ we get off this shittty exchange and on to the more liquid Vancouver exchange

any other positives??????

[whoisyourpapa]

Sounds like the goal is to eventually sell the new (merged) company? whois

[tradercarib2]

Yes who's.... The ultimate outcome born from this prospective merger is to be become a more highly attractive acquisition target valued at a higher price than the companies stand currently...WOF shareholders will see 40-45%ish of that. The PPS can still move higher based upon that prospect in a more tungsten reliant world with higher tungsten price of course.. In a nutshell...this reality is

[mercurysmith]

What of Almonty?  They have 49m shares and most of them are tightly held by insiders: 13,880,420           Almonty Partners LLC 13,880,420           Michael Lewis Black (CEO & Director) 13,880,420           Daniel Guy D’Amato (Director

[whoisyourpapa]

Also, alimonty currently has a share buy back program in place. . . FWIW whois

[GaiusGermanicus]

No, which is why they waited until after GOOD news to post it.  One has to assume they've been negociating this for months ahead of the approval of Sangdong, so we have to ask . . . were we given the feasibilty study because IT was finally finished, or could it have been finished some time ago save for its use in these merger negociataions? I suggest Management answer a great many

[edmed]

now we know why the price was driven down to .04 cents the past few months. Almonty trading at .62 we get about .13 shares for every share of wof amounts to a 13:1 reverse split consolidation for us....never a good thing in my opinion may sell this now

[cult_of_frank]

Too bad monty wasn't here. He wanted to be bought out so badly and didn't listen when I predicted exactly this if we were to be bought out. What I'm confused by is why the large shareholders and board members would ever agree to this? Management, sure, they get their nice severance packages/bonuses. I have to think we're not done with this yet... then again, I thought the same

[ark88]

Aren't people just a tad angry over the fact that Almonty's advisors in this deal is Dundee Capital? Did we get sold or what.?

[Raptor7]

Ark88, I was thinking the same thing.

[ark88]

I really don't care whether we get merged, glued, diced or sliced as long as we get a fair and good price for our shares/assets. EIGHT CENTS A SHARE after all this c r a p we went thru to prove that we indeed have an economically viable mine with only modest capital needed, based on a very conservative and doable cut-off grade, with increase in reserve after spending (dilution) for more

[GaiusGermanicus]

You mean sold out? That's what I'd like to find out . . .  I'd HATE to discover that.  Unlike most regulatory bodies I only have one sanction for something like that . . . sanction.

[tradercarib2]

Does Dundee know best?

[lonade]

If you look into the future the merger is certainly a good thing. I also have no objection against that. The only thing that I cannot accept is the low valuation of 0.08 cad per share for wof. If the release would have been exactly the same with wof valued somewhere between 0,2 - 0,3 my reaction would have been: why cant we close the deal today!

[cult_of_frank]

Agreed. 0.08 is a great deal for the shareholders of Almonty especially given the feasibility study. 30-day moving average is a joke at the volumes we were seeing, given historical pricing, intrinsic value, etc. Surely something like this has to go to a vote?? If, hypothetically, the mine NPV is around 30 cents/share, I would expect to trade it at a discount to that, not at less than 1/3 of that