The former Wildcat Exploration Ltd HUB On AGORACOM

The company is now known as FUSE Cobalt.

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Message: Relative upside potential

Relative upside potential

posted on Apr 06, 2009 04:52PM

WEL has the best chance of return on investment in % terms.



WEL has 70MM shares whent eh placement is done... This equates to only $2 million market cap



MMU has obligations to WEL to achieve their % ownership of:

Marum's Poundmaker property exploration obligations have been amended to:



  • (i) $500,000 prior to the second anniversary date;
  • (ii) $1.5-million prior to the third anniversary date;
  • (iii) $1-million prior to the fourth anniversary date;
  • (iv) $1-million prior to the fifth anniversary date;
  • (v) $1-million prior to the sixth anniversary date.


Upon the execution of the amended agreement, Wildcat elected to receive its annual payment in cash and Marum paid $100,000 to Wildcat on Feb. 27, 2009.



MMU's market cap is $16 million

If WEL was to achieve parity with MMU WEL would be trading @ .20+

This equates no value for the other projects or upside potential of MMMU's efforts.

I figure that WEL should be trading at about .25 right now... and would be considerably higher if they would close the PP... I for one would be willing to buy a lot more shares and support the stock if this placement was put to bed.... JMHO



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