WFEMF - Tungsten is one of those strategic materials with political leverage right now and the US camp is gonna need every politically friendly supply source they can get.
South Korea has a lot of reasons to maintain political ties to the US and any other credible counter balance to China and the child minded Kim Jong Il to the North. The alliance of necessity with the US is about as secure as it gets.
Buffett is just a stooge for the government. A well known (well paid) stooge, but he's been barking the party line big time since late '08 and probably a lot longer than that LoL!
I get a kick out of how the supposedly "Einstein incarnate" financial guy could get it right on the strategic metal side of it and totally miss the boat on the precious metal side of it. He actually knows. It was somehow made "worth his while" to lie (via sarcasm and folksy antidotes) about it.
I've liked WFEMF ever since you first posted here about it. Thanks for keeping us up to date on such an important company.
Another good thing is, when South Korea gets behind something it gets done. They don't screw around. Lot of good reasons to like WFEMF...!
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