Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves
in response to docman's message

I don't think rumors of .85 cent paper offer from WTG have merit...it just wouldn't make sense at all.

I agree, 85 cents is simply grand theft.... The following quote from Carib at Stockigloo.com pretty much sums up how I see a WTG takeover. CMM shareholders should read this quote and really think hard about the ramifications to the inherent value in their CMM shares if a takeover is attempted....

Carib quote

"While some seem to think that a 1 for 3 share exchange equates to a $1.50 share price offer, I'd value such an offer at about 33 cents per share, because I don't think that WTG is worth more than a dollar."

Please login to post a reply
GoldBandit
City
Rank
Treasurer
Activity Points
637
Rating
Your Rating
Date Joined
03/07/2010
Social Links
Private Message
Newcastle Gold Ltd.
Symbol
NCA
Exchange
TSX-V
Shares
155,078,807
Industry
Metals & Minerals
Create a Post