Post by
74volfram on Jun 28, 2015 12:15pm
reading up on woulfe, sangdong (and almonty)
as things develop, here a list of May / June news items (a lot has happened):
English news items:
https://www.irishtimes.com/business/energy-and-resources/it-s-ormonde-versus-almonty-in-battle-over-tungsten-mine-1.2209981
https://www.almonty.com/_resources/news/nr_2015_06_02.pdf
https://www.mining-technology.com/news/newsdeals-this-week-almonty-industries-pure-energy-minerals-paladin-4594255
https://rohstoff.de/en/blog/2015/06/03/deutsche-rohstoff-ag-almonty-announces-investment-in-woulfe-mining-corp/
https://www.edisoninvestmentresearch.com/research/report/almonty-industries7
https://www.wildlaw.ca/transactions/2015/almonty-industries-inc-acquires-securities-of-woulfe-mining-corp/
https://www.thestreet.com/story/13182739/1/almonty-finally-gets-a-piece-of-woulfe-mining-whats-next.html
First and last news items are most important in my view:
- irishtimes item gives very candid insight on Almonty and Mr. Black, hints at how bad a deal Ormonde got in the end - at the hands of its own management (SP is now in the dumps). This is how NOT to do financing of a mining project.
- thestreet item is a comprehensive summary of the whole story and has a good look-forward part.
German news items:
https://www.aktiencheck.de/exklusiv/Artikel-Deutsche_Rohstoff_Aktie_Beteiligung_Almonty_investiert_Woulfe_Mining_Aktiennews-6511115
https://www.finanznachrichten.de/nachrichten-2015-06/33930725-deutsche-rohstoff-ag-almonty-gibt-investment-in-woulfe-mining-bekannt-016.htm
Korean news items:
https://www.engdaily.com/news/articleView.html?idxno=4512
announces completion of basic design and land survey, purchase of crush-grind equipment. final act of Gaucher as CEO of woulfe
https://www.kado.net/news/articleView.html?idxno=733552
looks like the county meeting happening the next day. rather stormy.
https://www.kwnews.co.kr/nview.asp?s=501&aid=215060300051
announcement of Almonty "take over" on local news - summarized quite accurately by yyzflex
https://www.kado.net/news/articleView.html?idxno=736309
latest item on search: introduction of Almonty to Korean audience: "renowned professional development and operation of three tungsten mines worldwide In Spain and Portugal, Australia," short quotes from Black's interview to local press: "sangdong has world's largest tungsten reserves a very challenging project, technically challenging and very likable". Black will soon visit the area and present a concrete redevelopment plan.
When web searching for Korean news about the Sangdong tungsten mine, the words to use are:
상동텅스텐
In Korean news, Woulfe is often mentioned as "Wolf" and Almonty is also rendered as "Al Monty" or just 'Monty".
Comment by
sage4hus on Jun 28, 2015 8:59pm
Sorry for the mess. Can someone help rearranging my post below? How can I avoid this when I paste to reply? Thanks