Free unbiased information!
posted on
Aug 10, 2011 02:28PM
Consider the following:
Look at all of the investors active on the Century Mining blogs: Stockigloo, Agoracom and Stockhouse.
Here are the statistics from Stockigloo beginning in April 2008:
Forum Stats: Groups: 1 |
Membership: There are 109 Members There is 1 Admin |
There are approximately 4600 posts on the Agoracom CMM board; beginning in October 2007.
The Stockhouse board is too difficult to rapidly acquire statistics; however, there are a huge number of posts there as well.
Therefore, it is obvious to state that CMM interest is MASSIVE amongst minority shareholders. WHY – dumb question easily answered – This is because CMM has HUGE gold resources in the ground and all mining infrastructure in place to extract the gold (The shareprice should be much, much higher by an order of magnitude). Another way of measuring this interest is by considering the hilighted portion of the quote below from the 9 August 2011 news release:
White Tiger Gold (WTG.TO) & Century Mining (CMM.V): The two small gold miners, controlled or partially controlled by Russian investor Maxim Finskiy, are moving ahead with a controversial merger that has faced vocal opposition from a group of minority shareholders.
There would not be a controversial merger facing vocal opposition from minority shareholders if:
- the business combination actually made common sense based on an objective and INDEPENDENT VALUATION, and;
- the CMM directors offered proof that they were engaging in their fiduciary duties to minority shareholders.
CONVERSELY:
The WTG interest is NON-EXISTENT amongst minority WTG shareholders.
There is no private blog for White Tiger Gold.
There is no hub on Agoracom for White Tiger Gold.
The Stockhouse board has about 200 posts (mostly by persons holding CMM)
Question: Why aren't WTG shareholders posting of the great excitement that CMM will bring to the WTG shareprice…after all that's alot of gold in CMM's ground to add to the (relatively) negligible resources that WTG holds? Why aren't WTG minority shareholders posting about all the benefits of the WTG - CMM business combination? After all, if the busines combination is successful the WTG shareprice of $1.60 will actually become justified.
Answer: Because there are essentially NO minority shareholders!!! White Tiger Gold is known to be held directly or indirectly to the tune of 96% by Mr Finskiy. I suspect that at least 3% of the remaining 4% are also held by WTG insiders given the shareprice volume and behaviour.
So yes, I WAS WRONG about the lack of WTG advocates on the bulletin boards providing and sharing due diligence…yes, I apologize…it has been right in front of me all this time:
Just have a look at this blog: because it is all spelled out in plain English; this is how the shareholders of WTG are communicating:
http://phx.corporate-ir.net/ph…..#038;nyo=0
Some further data to digest for ALL READERS OF THIS BLOG – yes I'm talking to journalists, legal entities acting for other interested gold miners, regulators, and all investors in the Canadian stockmarket – because this business merger proposal is a joke. Not just because all of the minority shareholders say it is, but, rather because the EVIDENCE conveyed by the minority shareholders together with INDEPENDENT sources (such as Dennis Boyko , John Helmer, Marilyn Scales and Ken Gooding) STATE that it is.
See Dennis Boyko's website for the metrics on:
White Tiger Gold
http://www.goldminerpulse.com/…..erGold.php
Century Mining
http://www.goldminerpulse.com/…..uation.php
BEAR IN MIND THE CENTURY VALUATION ABOVE WAS ADJUSTED BY DENNIS BOYKO TO REFLECT THE BUTCHERED *Interim* MICON NI 43-101.
For more information on the proposed merger and CMM in general I encourage you to peruse the vast resources at the Stockigloo website. If you still have questions, please feel free to pose them on any of the Century Mining Blogs…we are a rational, thoughtful bunch of folks.