Newcastle Gold Ltd.

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

Personally, I see no significant value in WTG. Therefore I have no interest in holding WTG paper.

I've never been one that believes in coincidences so I'm having a real issue with the crusher breakdown, the lack of news surrounding it and the timing of these huge share dispositions.

Colour me suspicious but in my opinion this stinks:

Feb 18/11 Feb 18/11 Scola, Francis Indirect Ownership Common Shares 97 - Other -1,250,000
Feb 11/11 Feb 08/11 Scola, Francis Indirect Ownership Common Shares 97 - Other -4,900,000
Feb 04/11 Feb 02/11 Finskiy, Maxim Valerievich Indirect Ownership Warrants 97 - Other -12,500,000
Feb 04/11 Feb 02/11 Finskiy, Maxim Valerievich Indirect Ownership Warrants 97 - Other -13,000,000
Feb 04/11 Feb 02/11 Finskiy, Maxim Valerievich Indirect Ownership Common Shares 97 - Other -25,000,000

If one truly believes that riding the Russian coat tails will be a profitable prospect... you're kidding yourself.

We collectively need to say NO! to WTG paper if its part of this deal then wait unitl more realistic offers come forward as other players come to the party.

Paydirt13


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Paydirt13
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Newcastle Gold Ltd.
Symbol
NCA
Exchange
TSX-V
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155,078,807
Industry
Metals & Minerals
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