StockIgloo

Good evening NSX001,

It's quite comical as i was thinking about you and your post from the past just yesterday believe it or not!

If there is one person from agoracom, stockigloo, or stockhouse that has called it in advance it is you my brother. To be frank NSX001 i don't know you personally nor do i know if you like others have many id's, making it difficult to trust you for that reason you can be anyone else. What i do know is that i study certain post and yours has always been bang on. So i will say you post truthfully. Can i say the same about payday? or lets say glory? . You really don't know who to trust anymore. For myself i take post like a grain of salt. You must do your own research. You bring up many valid points.

IMHO your whole post is one speaking of anger and bitterness. Do i feel the same? Yes! Do i display it the way you do? NO! DO i thank you for the warning? Not really as everyone must do there own DD. I do question you on why you post in that manner with animosity? If your not content why have you not moved on? What do you truly get from telling us what you think is going on? You say you sold some but others have said the same tune. You sold some so you remain hopeful? Hopeful of what when you speak of anger towards the insider buying? You contemplate yourself.

My brother if you don't "TRUST THE" then why the heck have you not sold?

I'm sorry to all including Carib with my choice of words. Listen someone said it best a while ago. Investing or trading is not a game nor is it for anyone. Show no emotions and don't fall in love with anyone stock. My best words of advice are if you can't beat them join them! If you had a great run sell and move on. When a stock price runs you sell and when it corrects you buy. plain and simple. This game is about making money no one ever said it's about making friends. I could care less about finksi boy and lover. It is what it is.

"..if you can't beat them, join them.."
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Since the anti merger battle was lost, retails had the options to stay or sell n move on. Many had taken their moves n I for one had decided to stay for many reasons but falling in love with management or trusting them management was not one of them. It was on the basis of.. "if you can't beat them, join them".  I do not in one moment have the fancy thought that controlling investors are there to create share value for the sake of every shareholders including retails.  It seems more practical to take the view that all controlling shareholders in any outfit/listed company are there to make value for themselver first n formost. The only sensible thing any "wise" retailer can do, after due dd, is to align themselvers with them n their needs. Right now I am aligning my bets with theirs  because by many considerations, macro and WTG specific and what have been seen happening, I believe they want the share price to move up. It will unbalance me mentally if I stay but continue to curse their every move. I feel this is the only sane thing I can do going forward.

I don't understand posters that claim to own shares in WTG and constantly bitch about the company.  I mean, if one owns shares in a company they do so with the hope/expectation that they will increase in value.  Is there any other reason? 

If you are going to post about the company on an internet forum about the company, what purpose does it serve to constantly bash the company and its management?  Why would anyone that has never owned shares in WTG,  and is researching the company by coming to read opinions from posters on this website, ever consider buying WTG shares?  Wouldn't it be much more productive to post the reasons why you still own shares in the company?

I, for one, have no regrets about my decision to fight as hard as I could to prevent the merger, but having lost that fight, I have chosen to stay fully invested and increase my holdings.  It still remains to be seen whether the Century Mining merger with White Tiger will be a bad thing.  As a company we are on a much more stable financial footing now that at any time in Century's history.  If this were still the Peggy and McNutt show, I doubt if the Century share price would be any higher than 40 cents and quite possibly much lower.

We are witnessing a shrinking of the float as weak retail investors keep selling their shares to Yanchukov.  Whenever he pauses his buying, there is a bit of a rush to sell by some that wish they had sold earlier.

Yes. good comment Wingfong. true. I concur.

Lets hang for the finish. After all this IS a publically traded company.

Come on retail, you are missing the boat.

@NSX001 – I think you are spot on in your analysis. The people running White Tiger cannot be trusted. I am still waiting for the final end game (and no, its not to create a mid-tier profitable gold company with dividends for all)…more likely some scam RTO with Red Tiger and/or Intergeo.

@Carib – I've been a shareholder of CMM since 2008. I rode it alllllllllllll the way down from 85c to 1c back to 85c.  Here's the thing with this stock…every time it got close to 80c some f*k up gave it a 50-80% haircut.  First the whole Peggy mess with the Ponderosa lawsuit. Then No MONEY. Then just when they pour the first gold bar out of Lamaque comes the BCSC MCTO….another 8 months to recover and then comes Fink-a-hole with his White Scam Tiger!

Now pray tell, why would anyone promote this crap P.O.S. company after the scorched earth policy they used to screw over every last shareholder of CMM?  I don't know what they give Peggy in exchange for her vote but couldn't have been that great since sp is still 50% below pre-WTG levels.  New investors ought to stay away with a 10ft pole.  Anyone promoting this crap – only one reason: To pump the price so they can dump onto new generation of bag holders – Anyone who does this ought to be ashamed of themselves. Bad enough one set gets screwed. Don't need more victims.

All thru the deception and circus, I (Payday Fool) kept holding on and kept adding on  shares believing in the lie and reading your blog. Its funny what a person will say to themselves to RATIONALIZE a LOSER in their portfolio.

There was only ONE person who had the guts to call CMM for the POS that it was back in 2008, who called  Peggy (C U Next Tuesday) for the sell-out she was, who called out Finkski for the  lying Russian scum he was, who warned everyone what a castrated paid shill Daniel Major was, who warned everyone of the upcoming N43-101 revision weeks in advance to crush price even more…. December3…who was banned from this website (which i think you owe him an apology because he called it first & was RIGHT all along.)

Of course I never believe Dec3. I just jumped on the believer bandwagon and got my ass handed to me instead.

Only thing WTG is good for is daytrade – 1-2 week hold. That's it! No value here. Move along. You can wait 1000 yrs and Finkski will never share a penny with investors. It will all go  into Russian schemes thru BVI. 

Haven't checked into this forum for a while.  Mainly because it's being cluttered by useless emotional garbage from Fredericton, Payday and NSX.  Seriously, with analysis like that, it's a bad idea to be managing your own money.

Carib, I must say that I think most of your analysis is bang on.  One thing I'd like to add:

The biggest risk for the retail investor in this stock is that Finskiy plunges the stock price and privatizes the company.  However, I think the probability is low given the fact that:

1. It's advantageous to use a publicly traded company as vehicle of acquisition and Finskiy knows that.

2. With Finskiy and his friend owning 70% of the company (and Peggy owning a fair portion), it's pretty darn close to a private company already (whereas before in CMM, Finskiy only owned close to 40% of the company).  The incentive to buy it out and privatize at a low price decreases when you're holding onto that much stock.  Furthermore, if he wants more shares, he could keep shaking the loose hands out and buy them at these bargain prices as he has done in the past few months. 

Presuming Finskiy's plan is not to privatize the company, as he owns more and more of the company, I feel that his interest is becoming more and more aligned with ours.  That's good news to me.

BTW, I anticipate that Payday etc. would come up with an argument (likely a really poor one) to try to explain why I'm wrong.  In advance, I apologize that I will not be replying to posts because it would simply be a waste of my time.

Cheers,

FREDERICTON said:

Uall……. Would you recommend White Tiger Gold to your Mother?

 

If Yes, Why?

 

If No, Why?

I would definately not recommend WTG to Mom.  Mom is retired and has a fair nest egg to allow her to cruise all the way to Elysium.  For Mom I recommended a number of solid bonds paying a good dividend yeild.

Folks investing in the "venture" exchange for the most part have completely different investing criteria than Mom.

My condolences if you were one of the unfortunate folks who got into CMM at 80 cents.  That said …. "you are in the venture exchange" and if you did get in at above 80cents you invested in a Junior Mining Startup that had not achieved commercial production after it went up 400%.

You should be happy that you had a chance to recoup 50 cents of the 80 cents last week when the SP was above 1.20.

If you think the stock is such a dud then you should have gotten rid of your shares.  If you do not have any shares then you are a silly fellow for wasting your time posting unsupported ad hom rather than spending that time figuring out how to properly invest your money.  

If you think the stock is a "DEAD horse" then sell all your shares and find another horse.

If you have done so already, then coming in here and ranting is a complete waste of your time and ours unless you have something relevent to post.  

The vast majority that post on this site are long time holders who are very aware of the history of the stock, and your history of posting mostly irrelevent material for that matter.

You and many others (I had strong reservations as well) thought CMM should be able to get Lamaque up and running without help. As it turns out we were wrong.  The cash situation for CMM was dire and in need of help to get Lamaque up and running.

The problem is your inability to admit you were wrong. The merger was not some big scam to bilk shareholders.

CMM was at 20 cents.  If they would have gone to the markets asking for 40 Million to continue operations at lamaque where do you think the share price would have gone and at what price would the financing have been done.

It is a real possibility that the financing would have had to be done at 10 cents a share with the option of 1/2 a warrent.

This represents a 600 million in share dilution on a stock with 400 million shares outstanding.  

Running the numbers -  for CMM to rise to 1 dollar a share would require a 1 Billion dollar market cap.

Under the current situation a 1 billion dollar market cap gives a WTG share price of  3.30 which is equivalent to  $1.32 when converted to CMM.

Not only does this work out to more value for CMM shares but also guaranteed the money to continue operations, entry to the TSX, access to capital, and we have a better chance of getting to that 1 B market cap with the Russian properties which are turning out to contain significant reserves.

You are lucky CMM is not wallowing around back at 5 cents a share after having to shut down operations at lamaque while trying to find someone to lend them 40 million.

Instead of being thankfull that the above situation was not realized you are bitching about an investor who initially threw in 20 million and has since had to more than double that investment to keep the company running and you call this guy a crook.  

Do you really think that Finskiy was happy having come up with another 30 million or more ?

Do you think he should get nothing for that ?

And you sit there and claim Lamaque is a "slush fund".  Let me know when you find another "slush fund" like that so I can avoid it like the plague.

If he was really the "Crook" you claim he is why did he not let operations at lamaque cease and the share price plummit to 5 cents a share and then do a deal for 30 million = 600 million shares + 1/2 a warrent = 900 million share dilution.

To all the gentlemen of the above…… the obvious is that we are all dealing with various levels of frustration.

Even as I try to find a rational for the realities we have faced a year after Daniel Major took over, there are so many conflicted patterns that have taken place, …. loans, reassessed Ni 43-101's, and on an on…. the reality is that the asset GOLD is still there.  Take you memories back to Production05, Labradorguy and others when there was transparency and we could call Peter Ball.  

This present misManagement  group have their own way of doing things.  They are in control…… but do they really know what they are doing or do they just think they do.

I harken back to a comment I made a few months ago….. "when faced with a problem, amateur management just redefine the problem".    This thesis fits the events and activities of the past year.

PDAC in March and the WTG windup to that event will be very telling. 

FREDERICTON said:

To all the gentlemen of the above…… the obvious is that we are all dealing with various levels of frustration.

Even as I try to find a rational for the realities we have faced a year after Daniel Major took over, there are so many conflicted patterns that have taken place, …. loans, reassessed Ni 43-101's, and on an on…. the reality is that the asset GOLD is still there.  Take you memories back to Production05, Labradorguy and others when there was transparency and we could call Peter Ball.  

This present misManagement  group have their own way of doing things.  They are in control…… but do they really know what they are doing or do they just think they do.

I harken back to a comment I made a few months ago….. "when faced with a problem, amateur management just redefine the problem".    This thesis fits the events and activities of the past year.

PDAC in March and the WTG windup to that event will be very telling. 

I get that the previous management made claims that set expectations high and did not even close to meeting those expectations.  While I am not really happy about not getting an update on Lamaque operations since June, I no news over updates that set unrealistic expectations.  From what I can tell everything that management has said since Finskiy took over has been realistic .. including some of the statments previous to the merger.

I agree that the Gold is there but that it has not been easy to get to. What I disagree with is that they are not trying.  I also disagree that CMM was not in trouble. There were serious cash problems and no immediate solutions IMO.

Pretty happy I sold everything on the first run up to $1.04.  Made some nice change buying when it reversed and sold once more.  Now I feel even with this stock, but I keep it on my livestream quotes on qtrade when I'm trading;  Just to see it from time to time.

Can't believe though how fast this blog has imploded.  I started following on November 2009 when there was solid commentary.  Now it's just banter amongst whoever the hell is still in this stock.

I should've sold originally when it went up to 87 cents or so and my portfolio was up 70% or so.  But regardless, this has been a fun story and it gave me a great insight into gold stocks while being in school full time.  Loved all the commentary from production, that guy was legit.  As for december, I've always thought his/her commentary was great skeptical work, but just a little over the top.

cya all, I wonder who will be here in 6 months or so.