The other day I reflected that when Management had lawyers doing their talking and thinking for them they looked like "top guns to be reckoned with". Since the dust of the Merger has settled Management have been dismal and lack lustre…. kind of amateurish. Certainly not showing potential and comparable Management skills of AEM, Goldcorp and other recognized leaders.

This "award" is groping at straws to publish anything that is "anything". If you throw enough glossy words at a statement, it can be made to look like the big "wowwy". However, in reality, WTG applied for Regional Development funding assistance and after the Government of the area did their due diligence, approved their support funding. How many other companies in the area were likewise awarded financial assistance?

None of this is dissimilar to what is available to businesses in Canada. Here in the East we call it ACOA, (ATlantic Canada Opportunity Agency), N.B. Gov't TAP, etc. and these Regional Development Funding Assistance programmes are just good business. In otherwords, take advantage of whatever financial incentives the Governments are offering. If I were now to throw glossy words at some of the government incentive awards/offers it could be made to look like a big deal. Better to spend Gov't money than your own.

Unfortunately, companies in financial distress also go to Governments with cap in hand.

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a bit of a related side bar…… the Gov't of New Brunswick gave awards to Blue Note Mining in N.B. to modernize a lead zinc mine/smelter. The awards were for $150 million dollars, and were followed by glossy, upbeat news releases, but……

Blue Note Mining Inc. closed the Caribou mining operation, ……………… filed for bankruptcy in June 2009. In November 2009, it was announced that Maple Minerals Corporation had acquired certain assets ………..

(and for those who yearn the days of Production 05, he posted )