The best example of a merger
posted on
Aug 29, 2009 10:51AM
The company is now known as FUSE Cobalt.
The best example of a meger is SGR itself... I'm sure everyone remembers investing in SGR way back when San Gold and Gold City were combined into the new San Gold corp. This was a critical move at a critical time for these 2 Jr's giving them critical mass. The influx of new investors such as myself, Hotmuck, Traps, Mbg, first class etc etc etc ... are all much welthier today because of that merger and subsegent strength a firmer market created.
It is the merger itself that enabled the deposits at Rice lake to be discovered.... Funds poured in and the rest is a replay of the Goldcorp story unfolding right in front of us.
It is just my humble opinion that a merger of SKP and WEL would again be step toward the critical mass required to advance the next generation Rice Lake area play.
The only other option is that we start geting some value added from capitalizing on the strong managment team we have. Time to call in some favours and get support, ramp up the promotion and get the stock moving..... Those wts will be the next funding for drilling and exploration, and promotion is all that is needed to acomplish this. Promotion is the fundementally most important aspect of a jr, as it reduces dilution and maximizes the ability of the company to move forward.
When managment does not want to promote .... they should be paid in stock and have a 4 month hold on that stock just like us investors... That would allign all our intrests!
JMHO