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Message: White Elephant

I am always fascinated when I see the bid ask for WTG. One always sees a massive spread. We all know this is due to very closely held float and likely manipulation.

For example today.

Bid = 1.62 (12,500 shares)

Ask = 1.78 (5,000 shares)

This is close to a 10% spread.

Screening stocks as follows with TD waterhouse tools:

TSX mainboard

Non-energy minerals

Stock price of (1-3 bucks)

90 day volume (0 - 10,000)

I receive:

BBL.A TSX Brampton Brick Ltd Select...----------BuySell>News>Option Chain
CFG TSX Cluff Gold PLC Select...----------BuySell>News>Option Chain
PEQ TSX Diversified Private Equity Corp Select...----------BuySell>News>Option Chain
MGT TSX Mines Management Inc Select...----------BuySell>News>Option Chain
NOM TSX Norsemont Mining Inc

Let's get rid of the preferred shares in Brick. Not sure why WTG doesn't show up, though it probably hasn't been listed long enough.

What company (as in companionship) are we in - anyone know much about these companies off hand?

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