As Larry said, we have 35 days minimum to consider the offer. During that time, investors can either sell into the market or vote yes or no to the deal offered. I was involved in a similar deal with High River gold where Severstal tried to get us on the cheap when they already owned over 50%. Retail organised and was successful in defeating this by holding their shares and voting no.

Now, the form that was filed by WTG this morning for a 44-101 is very interesting. This will give them the right to raise money. Now why would they need to raise money if they are doing a paper offer? The general consensus from reading the boards is that everyone mistrusts WTG and does not want to hold their paper...but what if they made a cash offer? I have no knowledge if this will happen or not but the fact that they are filling out the forms to raise money at this time is again a very big piece of the puzzle.

Again, we are left with good guesses of what may happen but none of us know for sure. What I do know is any offer to buy CMM out WILL be done at a PREMIUM to the market. Now that premium may not be the $1.50+ that some want but there will be a premium if an offer is made and all indications are that an offer is coming. Since I may not make as much as I wanted to from a percentage stand point from CMM if they get bought out early, I have chosen to make that up by having more shares than I orginally planned to that what I lose on %, I can make up in the number of shares.

Glorieux