Re: Century Closes Flow-Through Financing and Receives Working Capital Loan
posted on
Jun 14, 2011 08:22AM
GoldBandit, I agree with your succinct summation. As you point out, there are a plethora of information sources, both singular and collective, that provide robust, objective data to support the proposition of a bad deal for minority shareholders (and, quite frankly, probably for everyone except Mr F). I see no robust, objective data to support the proposition that this is a good deal for shareholders.
"I'm curious to hear your explanations."
So, if someone could please point me to the following to counter GoldBandits sources:
1: The public collective wealth of material about why the combination is good
2: Why the CSC-issued problems aren't problems,
3: Press releases by pro-merger legal groups,
4: The goldminerpulse equivalent that says WTG actually has assets and why this deal would be great for both entities,
5: The stockmarkets where CMM and WTG are both going up in shareprice in anticipation of the fantastic merger for shareholder value,
"Remember....this isn't Finskiy buying additional shares to help sway the vote. This is simply a loan to enable Century to continue operations at Lamaque."
Additionally, GB, I would point out that Max gets to collect about $35,000 in interest from his posing as a White Knight. Just milking a little more money from the shareholders...insult to injury?