Thanks Carib! Today is a good news day and definitely lends further support for "hug a regulator" month. Let's all really jump up and down - we want to be noticed as being in the middle of a shell game acquisition.

"From today's online version of the Globe and Mail:

the Ontario Securities Commission says it is conducting a “targeted review” of Canadian-listed companies with operations in emerging markets such as China.

The regulator said it will examine the disclosure of “certain” companies and how they attained stock market listings in Canada. The OSC said it will also focus on the role played by the auditors and corporate underwriters who help to bring these companies to market.

The high-profile meltdown at Sino-Forest has highlighted the wave of Chinese companies that, like Sino-Forest, gained access to Canadian capital markets through reverse takeovers or RTOs. By acquiring a dormant shell company with a Canadian stock market listing, these Chinese businesses have been able to list on the TSX or other Canadian exchanges without filing a prospectus containing audited financial results and other information pertinent to investors.

Sound familiar?

Certainly not good news for Max if he plans to go the RTO route to list Intergeo after the White Tiger RTO. WTG briefly hit a market cap of $970 million a few days after trading started in January this year. To put that in perspective, that was $3,100 per resource* ounce. Compare that to CMM's $96 per resource* ounce on the same date.

http://www.theglobeandmail.com…..le2087771/

* resource oz = P&P reserves + M&I resources"