I agree that patience is key, however Its fun to speculate. I bet, CMM quarterly report will be disappointing and WTG will have great drill results ... all before the vote.

Funny I looked at it like this.

Figure WTG combined with CMM gets up and produces 110k per year

20 from Russian Mine, 20 from Peru, 70 from Lamarque. 10 goes to Deuschbank- leaves us with 100 for the year.

I'll use the 2/1 scenario - outstanding shares = 349 mil. (US Dollar figures)

Revenue at 1400 oz = 87,500,00

Costs (avg 560/oz estimate) = 52,500,00

EPS would be .25

at a PE of 17 = $4.26 share. at 22, =$5.52 per share. Some Gold companies have PE's over 30..

This is a very general look.

I suppose that this new presentation will be another hammer to SP. I find it amazing how simple ( and even obvious) all of this is and it still worked. Pump up the stock on buyout rumors. ( short the hell out of the stock) release a negative NR. Stock drops.. then get out. I wonder how many people on these BBs are part of this? Hoov? how about that great 45 min conversation with Major? Either he's licking his wounds from the great lie or he cashed in.

All of this is wrong. Not sure what to beleive at this point other that CMM has a lot of gold in the ground and has begun production. WTG is up to 4.80 a share ( up 13%). I get the buyout scenario, but how about a stock exchange? say they offer 4:1 for WTG shares? Does the market like the new WTG?