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Message: Re: Ouch, $0.67
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Feb 16, 2012 05:29PM
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Feb 17, 2012 11:46AM

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Feb 17, 2012 03:36PM
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Feb 18, 2012 10:09PM

The CMM equivalent to WTG@ .67 is .27..... that's the reality of all this and is inspite of their claims of progress. I would earlier have used the word 'shenanigans'. FREDERICTON has prefered to stand back watching in the wings in preference to others who are more knowledgable on the intricacies of mining.

But the one commonality of experience that we all have is "common sense". To this I add that we feel that we lost all our attempts to prevent the merger. That is fact, BUT we did not lose in forcing Daniel Major et al to keep their backsides covered and get them to realize that they were being watched and effectively scrutinized. In effect we "adjusted" their thinking culture that they thought they could operate in. I remind those who listened that we decerned a change in Daniel Major's disposition as he conducted progressive conference calls. Now we are at a point that he does not conduct open conference calls (after winning the Capt. Smith award). There is no question that Daniel Major's reputation and credibility was tarnished.

Getting back to the WTG@.67 price reality...... I am going to suggest that WTG outsmarted themselves for which they are now having to do a doubling of their efforts to get the market to accept and believe them. If you were a fund manager or sizeable investor would you put up millions of dollars considering their track record ?. If minority retail shareholders could hold WTG/CMM's feet to the fire and make them blink, I (as a fund manager) would question just how professional and experienced they were.

I will admit that some of the recent Management moves bodes well for the future. However their past performance has now forced them into a corner position of having to double their efforts for marketplace recognition. After last years PDAC disaster, Daniel Major has to get it right this year.

My recommendation to WTG Management ..... always keep in mind that while progress reports and New Releases are only part of your daily tasks...... it is RESULTS and RESULTS alone upon which your efforts and the viability of WTG will be judged and attract investors.

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Feb 21, 2012 12:44PM
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