Without boring you with the calculations, a shareholders percentage company ownership would decrease by over one third under the proposed merger deal.

I do not see where WTG is bringing in assets that would begin to make up for the one third decline?

In all seriousness, what are they contributing to the combined entity?

1. A remote open pit producing 20,000 oz.

2. The promise of production from some moose pasture in Siberia in 2014.

3. Perhaps some cash.

4. Perhaps the promise that Finiskiy will support CMM to commercial production. (should he not be doing that anyway?)

That's it.

I think we all agree that CMM is worth a lot more once commercial production is achieved. So if they make that happen..great.

But could it not happen without WTG? I don't see why not.

What bothers me is that we are virtually giving Finskiy a much larger stake in CMM and he is not really providing much in return.

Since he is trying to force this on us....it is actually robbery.

SN