Complainers Inc.
posted on
Jan 23, 2012 09:52AM
Edit this title from the Fast Facts Section
I'm not saying that we have any on this board really...but - I like Carib's consideration regarding SP of late. Obviously we know that Mr Yanchukov has been buying shares like they're on sale. Whenever he stops buying the SP declines. We need institutional support to keep things moving...this won't happen until there are a string of positive PR's that outline the path going forward. This will then need to be measured by cost effective ounces mined.
Carib:
"I don't understand posters that claim to own shares in WTG and constantly bitch about the company. I mean, if one owns shares in a company they do so with the hope/expectation that they will increase in value. Is there any other reason?
If you are going to post about the company on an internet forum about the company, what purpose does it serve to constantly bash the company and its management? Why would anyone that has never owned shares in WTG, and is researching the company by coming to read opinions from posters on this website, ever consider buying WTG shares? Wouldn't it be much more productive to post the reasons why you still own shares in the company?
I, for one, have no regrets about my decision to fight as hard as I could to prevent the merger, but having lost that fight, I have chosen to stay fully invested and increase my holdings. It still remains to be seen whether the Century Mining merger with White Tiger will be a bad thing. As a company we are on a much more stable financial footing now that at any time in Century's history. If this were still the Peggy and McNutt show, I doubt if the Century share price would be any higher than 40 cents and quite possibly much lower.
We are witnessing a shrinking of the float as weak retail investors keep selling their shares to Yanchukov. Whenever he pauses his buying, there is a bit of a rush to sell by some that wish they had sold earlier."