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Non-Tech : Spark"s Play Pen

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From: Spark5/12/2012 12:49:16 PM
   of 6175
 
V.WOF/WFEMF - An intriguing Scenario: Buffet/Berkshire owns IMC, a 6 Billion dollar company that uses Tungsten - Needs LOTS of Tungsten..China main supplies 80-90% of Tungsten to the world..But recently China completely restricted the export of Tungsten..thus Tungsten price been skyrocketing up..

Meet our HERO: WOF buys a mine in South Korea..but not just any mine...one that once met/supplied more than half of all the Tungsten demand in the world.. the deposit is HUGE and much of the property is still undeveloped..

The PLOT - Warren Buffet/IMC needs Tungsten so bad, he went to WOF and made an Off-Take deal --> He gets the right to all Tungsten produced at market price/and we get a built in customer! Next, he pays 120 million dollars to get the mine running etc AND Buffet will own 25% of the mine + build a Tungsten Processing Plant of which WOF will be an equal partner!

The Hook: They will start producing in June and stockpile the stuff till the Tungsten processing plant is build and ready to go!!

https://www.siliconinvestor.com/nfvda/boards/board.aspx?board_id=22104
https://www.siliconinvestor.com/nfvda/boards/board.aspx?board_id=23053
www.woulfemining.com
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