WFEMFBidding War Between Billionaires. I think Ned Goodman's Dundee (The Berkshire Hathaway of Canada) is about to get into a high-stakes bidding war over Woulfe Mining with Warren Buffett's IMC/Berkshire Hathaway. 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 who want a piece of the action and might try to outbid them or sneak into the picture so they can buyout Woulfe Mining.
If Ned Goodman's Dundee completes a buyout of WFEMF they could resell Woulfe Mining and the assets for a huge profit to IMC 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 the billionaire Ned Goodman now on Woulfe Mining's board of directors this could completely switch things around on IMC. I think IMC and Buffett have just been duped at their own game.
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