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Message: Documentation of the bull-trap

31. Oct.:

White Tiger Advances Improvements in Production at Lamaque

Daniel Major, CEO, noted, "The recently announced financings have allowed us to complete a new contract with CMAC to accelerate development and ore production from the North Wall, now strengthened by a mining team that can focus on productivity and grade control from the Lamaque Flats."

3. Nov.:

Large Volume Insider buying starts:

Yanchukov, Sergey,
10% Security Holder of Issuer

2,500,000 Acquisition or disposition in the public market at $0.69 - $0.69 per share. $1,725,000

http://www.investorpoint.com/stock/wtg:ca-White+Tiger+Gold+Ltd./insider/Yanchukov%252C+Sergey/all+types/_2

8. Nov

"With recent key management appointments and an improved financial position, we can focus on accelerating the development and ramp up of the Lamaque mine. We expect to achieve a production rate of 2,000 tpd in the first Quarter 2012," said Daniel Major, CEO of White Tiger Gold.

2012

4 Jan.:

"Our comprehensive exploration program has resulted in a substantial increase in gold contained in reserves and resources on the Ildikan property and positively impacts the Savkino gold deposit operations going forward," said Daniel Major, CEO of White Tiger Gold. "The increase in reserve tonnage expands the potential of the deposit and fully supports our planned expansion of the open-pit. We expect this increase in gold throughput will have a significant positive impact on the project's economics."

31. Jan.:

"With the assistance of VTB Capital the Company has increased its financial strength required to meet its planned development growth targets and advancing White Tiger's goal of being a mid-tier gold producer," noted Daniel Major, CEO of White Tiger Gold.

3. Feb.:

"Since the completion of the Business Combination significant progress has been made in the fourth quarter, particularly the development to restarting long-hole dyke stoping operations at Lamaque," said Daniel Major, President and CEO of White Tiger Gold. " We are therefore happy to announce that we have reached the point that Long Hole stoping can start at the Lamaque and that we can now start to push the mine to its planned production rate of 2000 tonnes per day."

9. Feb.:

"Since the completion of the business combination with Century Mining Corporation, significant progress has been made by the Company, particularly in relation to the re-commencement of long-hole dyke stoping operations at Lamaque, and we believe 2012 will be a defining year for White Tiger and its portfolio of assets," said Daniel Major, President and CEO of White Tiger. "White Tiger is forecasting marked improvement in production 2012 for both the Lamaque and San Juan Mines with increased mill throughput and increased grades. In addition, the Company has already reported an increase in proven and probable reserves at Savkino and has started a program intended to expand production at Savkino in 2013, and in 2012 we are planning on completing updated technical reports for Lamaque and Nasedkino, that, based on current data, are expected to provide an increase in mineral reserve and resource estimates which will allow us to maximize our asset base."

21. Feb.:

"These initial production results demonstrate a significant improvement in mining productivity for the Lamaque mine. Our objective is to stabilise the production from the North Wall and to continue to push for production improvement towards the planned long term production rate of 2000 tonnes per day," said Daniel Major, President and CEO of White Tiger Gold.

27. Feb.:

"The 2011 drill program comprised of infill and exploration drilling was designed to meet key objectives of upgrading the existing mineral resource, increasing mineral resources along strike and to depth, and demonstrating continuity of mineralization. We believe these results meet the objectives of the program and allow White Tiger to both provide an updated National Instrument 43-101 mineral resource report for Nasedkino by June 2012 and advance to a final feasibility study for the planned commercial production of the Nasedkino project," said Daniel Major, Chief Executive Officer of White Tiger Gold.

26. Mar.:

"These combined improvements, the addition of Sigma West, and increase in gold production put White Tiger Gold on track to meeting the Company's objective of becoming cash flow positive in the second quarter of 2012," said Daniel Major, President and CEO of White Tiger Gold Limited.

27. Mar.:

White Tiger Gold's Savkino Project Awarded Regional Investment Project (Wow!)

29. Mar.:

"These new production facilities will more than double gold production at the Savkino Gold Mine starting the second quarter of 2013," said Daniel Major, President and CEO of White Tiger Gold. "All construction and assemblage works are expected to be completed by the first quarter of 2013."

-The End-

The Wind turns:

30. Mar.:

White Tiger Announces Delay in Filing Annual Financial Statements, MD&A AND AIF

5. Apr.:

White Tiger Announces Filing of 2011 Year-End Financial Statements, MD&A and AIF

Liquidity:... had an accumulated deficit of $10,788,000 and had a working capital deficiency at December 31, 2011 of $66,734,000. In addition, the Company's Lamaque mine is experiencing operational issues which has not allowed it to run milling operations at full capacity. Furthermore, significant investment in mine development is required. The Company’s ability to continue operations at its Lamaque Project is dependent upon its obtaining additional financing to fund its exploration and development activities and to bring its Lamaque mine to its intended capacity. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Should the Company not be able to continue as a going concern, adjustments to the carrying values and classification of its assetsand ....

11. May:

White Tiger Announces Proposed Loan Transactions and Rights Offering...

The Company understands that:

financial hardship exemption/ de-listing review/36,091,149 warrants/36,091,149 warrants/ 67,670,903 Warrants/ $0.221661 per share/ possible sale of its San Juan project

As further consideration for the granting of the Loans and the extension of the 2011 Unique Loans, the Company proposes to issue to Kirkland and Unique, 595,504 common shares of the Company (each, a "Common Share"), and 1,712,074





Definition of 'Bull Trap'

A false signal indicating that a declining trend in a stock or index has reversed and is heading upwards when, in fact, the security will continue to decline.

Investopedia explains 'Bull Trap'

A bull trap often causes some investors to buy the stock, but because the stock continues to decline after the initial signal, those who bought in are "trapped" in a bad investment.

Read more: http://www.investopedia.com/terms/b/bulltrap.asp#ixzz1umVRETA2
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May 13, 2012 09:41PM
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