You said:
"If this asset is as viable as most of the against group imply, then why was CMM in such financial trouble and why did the managment sell out the company to WTG."
Who said Century Mining Corp. was/is in financial trouble? Anything is possible with price manipulation, lies along with major conflict(s) of interest(s). CMM should have already broken past $1.00 by now, but it's clear the markets don't want this merger nor do the shareholders want to lose everything they own...
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Fair Market Valuation Summary - 2011-Apr-19
Projected fair market stock price for Century Mining Corporation, based on the current NI 43-101 resource disclosures, is C$3.45. The actual closing stock price was C$0.415.
http://www.goldminerpulse.com/blogs/century-mining-valuation.php