Genevabird asked me to post this.

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The first Canadian promoter genius and Speculative wiseman was Murray Pezim.His name is immortalized in the Canadian Mining Hall of fame.It was enthusiam and painstaking doggy perseverance that drew him to instant fame and success in the Discovery of Hemlo and Eskay Creek Gold deposit.He was at one time the most powerful guy in the VSE....he also had the dark side sometimes wrecklessly dissipating his money through speculation...etc.But in the end he made spectacular money for investors that persevered and believed in him.

The second promoter genius and wiseman is Robert Friedland.A lot of bad press and ugly writeups about him but he survived it all...made investors extremely rich in Diamondfield in the the Viosey Bay venture and subsequenly Ivanhoe mines in Mongolia.IVN started as a penny and rose to 18 dollars but now has settled at around 9 dollars.He was swamped with controversy regarding the environmental damage in connection with Galactic mines but he like Pezim survived it all and became a selfmade billionaire.

The third promoter genius and junior speculative wiseman is our very own President Michael Foley,also swamped in controversy and bad press by jealous enemies.Nevertheless,given time he will rise like the dignified eagle soaring into the skies catching all the skeptics off guard.

He bears no resentment towards the exchange for the long halt and excessive scrutiny.In fact he takes it in a very positive way.His code of ethics is implementation of the best business practices in the industry with transparency at the forefront.He could not believe that mrs gave him a hard time for finding it strange and out of norm to find that Foley hasnt sold a single share and that there was complete lack of evidence of him squirreling and hiding his investments elsewhere.They were astonished and baffled that Foley was more interested in his clients making the money first,he would be more than happy to be the last receipent in the capital appreciation of his company.

He strikes me as a very sincere and compassionate man who told me that he has been director ,chairman of some 30 companies but wwf will be the pinnacle of his career bringing out the best in him ..his 30 years of rich experience will shape the destiny of this company into a money maker for his clients hopeffully bringing them untold monetary happiness.

WWF was 7 years in the making and the last year has been propelled into critical mass phase where the groundwork for the various projects will soon be transformed into concrete deals.He explained to me that he would be using debt financing for the refineries when confirmed and constructed.In short he will be using other people''s money to make money thus preempting the shares from dilution .Provided oil prices hover around this level and the constructed refineries run like a chime ..each refinery project should bring in 800 million dollars of profit.He was reluctant to quote a figure but I begged him to give me concrete examples in dollars and cents to help me understand since I only have a birdbrain. The figure he gave is based on the current economic scenario and unforseen things could change in the future.Each refinery project should bring in 800 million dollars of profit and each individual will be getting 8 dollar annual dividend per share based on a float of 100 million shares.Even if the annual dividend per share is halved I will still remain very happy and excited.Please do not construe this quotation of monetary figures as material facts ..they were given to help me understand the potential returns in a controlled scenario where everything runs smoothly without any snags and hassle from anybody.Do not buy shares based on this data as material fact..the explanation was given to help me understand the potential returns of dividends from the oil refineries.When I asked him whether he would be following the heels of Warren Buffet..his keen sense of humour said no no..Warren Buffet will be buying wwf shares for his Berkshire Hathway holdings because of the incredible huge dividends.

I have strong admiration for our President Foley ,he is very down to earth and a workaholic who is virtually working enthusiastically more than 12 hours per day to bring all the projects to fruition one day ,slowly but surely .He is someone who has a very special place in the history of the VSE and I think his time will come soon in the not too distant future.Intuitively A guy who is street smart and who rose from oil rig worker to the ranks of president and chairman of some 30 companies is indeed "a force to reckon with".Above all he is lovable and pursues his convictions with a passion that is uniquely his and I have no doubt that he will make a mark in history and all his admirers and supporters will wish him great health and happiness in his tasks ahead.
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