Docman.... I think you have stated it correctly. ie. they underestimated the effects of the minority retail shareholders and to that Daniel Major also made the situation worse with his arrogance. In the end WTG dug themselves into a very deep hole. In the past 52 weeks, WTG has dropped 86 % even though Russian assets have been added, some favourable NR's, major funding.... overall, not mind shattering but still respectable. Major dug himself into such a deep hole that he's got to put out a super effort just to extricate himself. This is the good news. Major has no laurels to rest on. He MUST achieve performance in all areas. No exceptions or Max, Sergey, BOD are going to have to make a decision on Major's future with the company.

Having Daniel Major with his back against the wall is a positive and reason to look seriously at beefing up ones WTG holdings. I wouldn't call it "gambling" but I would recognize that incompetance may be the distructive force here.

You're down, I'm down, Max is down, Sergey's down, warrants aren't worth much, options aren't worth much, company is burning through their cash, they don't look good to institutional investors and the Marketplace.

But I keep this nagging thought in mind for myself. Max et. al. do control 40+ % of bilions of dollars of the gold asset. (and by reality control 100 %) To them the share price is insignificant because the 40+ % is the only thing that can do their talking and bragging for them. Daniel Major is Max Finskiy's road block.

The stars are lining up against Daniel Major. He has to produce. I like this alignment of the stars.