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PennyStockInvestor

02/08/13 9:23 AM

#29749 RE: stock_peeker #29744

WFEMF Bidding war between billionaires. I think Ned Goodman's Dundee could possibly get into a bidding war on Woulfe Mining with Warren Buffett's IMC a Berkshire Hathaway subsidiary. This could get very interesting in the next few weeks.

Looks like IMC and Buffett should of closed this deal a long time ago. Now their attracting other billionaires to Woulfe Mining. Ned Goodman and his company Dundee may now want a piece of the action and might try to out bid IMC or sneak into the picture so they can buyout WFEMF Woulfe Mining.

If Ned Goodman's Dundee could somehow complete a buyout on WFEMF they could resell Woulfe Mining and the assets to IMC for a huge profit sometime in the future. Ned Goodman and Dundee realize that IMC desperately needs this long term supply of tungsten to expand their tool making factories. IMC has BIG plans to become the largest high grade tungsten tool making company in the world. IMC just recently spent many millions of dollars on a new factory in South Korea.

With Ned Goodman now on Woulfe Mining's board of directors this could completely switch things around on IMC. I think Warren Buffet's IMC/Berkshire Hathaway will be beat at their own game.