To remove ambiguity in what Intergeo claimed was a report “riddled with factual errors” Copeland was asked to elaborate on his points. He was also asked: “For several weeks now I have attempted to have Mr Finsky, Mr Prokhorov and more recently you, clarify the record demonstrated in the Canadian market by Mr Finsky’s control of White Tiger Gold (WTG). Not a single report of several I’ve published on that company has been disputed for correction of detail or clarification of interpretation to date, so let’s assume them to be roughly accurate. How then to explain this claim from the Intergeo prospectus when referring to the loss-making, near-insolvent WTG, after its share price decline has removed more than $2 billion in market cap: ‘Mikhail Prokhorov and Maxim Finskiy, the Company’s beneficial shareholders, have long and successful records of developing and operating large nickel and gold mining operations… Mr. Finskiy is the Executive Chairman of White Tiger Gold Ltd.” Are you and your colleagues claiming WTG is part of the ‘long and successful record’?”

Copeland did not reply immediately. And so this fresh question was despatched yesterday; “I also request that you read the attachment, issued on Friday, indicating that Mr Finsky’s WTG has defaulted on a major bank loan. Kindly inform whether this change of material circumstance on the part of one of the control shareholders and promoters of Intergeo, will be reported by Intergeo to the market.”

The reply from Intergeo’s office assistant in Toronto, Olga Ermolenko, is: “Mr. Copeland is not responding to media inquiries during quiet period; for information, please refer to our company’s Prospectus on SEDAR at: www.sedar.com.”

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