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Re: RobinT post# 2206

Wednesday, 09/18/2013 5:32:56 AM

Wednesday, September 18, 2013 5:32:56 AM

Post# of 2593
I'm expecting this Woulfe Mining strategic agreement with IMC to be fast tracked, now that IMC's competion in the tool making market has gotten a head start on them by securing a long term tungsten supply.

After the Sangdong tungsten project is completed. I think it would be safe to say that Woulfe Mining could easily sell their portion of the Sangdong tungsten mine and ATP plant for $605+ million dollars to Warren Buffett's Berkshire Hathaway. That equals out to a $1.50+ price per share stock price on Woulfe Mining.

I know if I was in Buffett's shoes and could forsee that alot of my other companies (IMC) in the tungsten tool making business could possibly grind to a halt because the companies lacked an adequate supply of long term tungsten.
Then I'd make it a priority to obtain 100% control of that strategic metal, to insure that did not happen. Especially now that Buffett's competion has gotten a head start over IMC. Kennametal Inc (KMT.N) is securing their long term tungsten supply by purchasing Allegheny Technologies Inc's (ATI.N) tungsten materials business for $605 million to boost supply of the raw material used to make its metal-working tools.

http://en.wikipedia.org/wiki/International_Metalworking_Companies

Berkshire Hathaway's company International Metalworking Companies (IMC) operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries.

Read more at: http://www.stockhouse.com/companies/bullboard/v.wof/woulfe-mining-corp?postid=21747709#USWtm5vw04hLy31r.99

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