InvestorsHub Logo
Followers 183
Posts 7856
Boards Moderated 0
Alias Born 02/06/2010

Re: WealthyKing post# 30639

Friday, 09/20/2013 2:06:17 PM

Friday, September 20, 2013 2:06:17 PM

Post# of 35812
WFEMF ~ Strategic Agreement with Berkshire Hathaway (IMC)

I'm expecting this Woulfe Mining strategic agreement with IMC to be fast tracked, now that IMC's competition 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 ensure that did not happen. Especially now that Buffett's competition 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#0HycrOx7hozdkoWg.99

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.