StockIgloo

Other things to keep an eye out for:

1) We were 'promised' an NI 43-101 for Savkino in December 2011.

2) We should see more drill results from Nasedkino – as at 28 Sept 2011 only 8,866 metres of the 40,000 metre drill program had been completed. Of this 25K metres were to be at the Nasedkino licence area and 15K metres at the Uryum licence area. There was an expectation this would be completed by early December 2011.

3) We were 'promised' an NI 43-101 for Nasedkino in Q1 2012.

4) There will be a new 43-101 for CMM's properties in Jan/Feb 2012.

5) 3rd and 4th quarter (CMM property) financials will be seen WTG year end (end of March 2012).

From 28 Sept press release – regarding points 2 and 3 above:

Future Exploration Program

The drilling program, currently being conducted on the Nasedkino and Uyrum license areas, is expected to be completed by early December. TOMS will undertake resource modeling once complete assay results is available. TOMS Engineering will carry out further metallurgical and communition tests on mineralized core from the three deposits to assist with flow sheet and grinding circuit design.

Alright then…a little late; but not bad – check 1) off the list.  I think we should see 2) shortly also. 

I suspect 3) and 4) will be out before PDAC March 4-7 2012. 

Fredericton: I am acutely aware of the damage that was sustained to the reputations of WTG and their management.  However, I prefer to not dwell on the past.  Rather let us consider the company we are currently invested with: WTG.  I disagree that we have been backwards since.  Since the business combination – I would argue there hasn't been a single negative PR.  Actually, all of the PR's have been positive.  It's true – we are in the dark about Lamaque in particular.  However, this does not mean things are negative.  I mention PDAC because I happen to think it will be a significant date to work towards for their public relations.  I believe they will have demonstrated a string of positive news and have the ounces back in the ground.  Gold talks first – good management attracts a premium.  The former will be demonstrated – the latter will need to be demonstrated (and yes – this will take more time).  I for one will never trust them – but I do trust they want to make money. 

Absolutely glendfidish!  They certainly do need to show gold in the hand…We know they are mining at three separate locations…we know they have the gold to mine…we know they have the capacity to process and extract far more gold than they have been. 

I think Carib said it best awhile back…and likely explains no word out of Lamaque.  You wouldn't want to suddenly increase the gold you pull out of the ground magically after the business combination…but I wouldn't be surprised to see commercial production declared in the first half of 2012…regarding commercial production…does anyone know for sure Lamaque's requirements?  Production05 stated way back:

…The commercial production target varies from mine to mine, or so it seems. However, 30 consecutive days of operating at 60% (or greater) of designed capacity level appears to be commonly used. Though, I have seen requirements of 90 consecutive days at 60% (we can't rule out 90 days being the requirement for Lamaque). Also, it has to be consecutive days. If one day happens to fall before the 60% designed level then the counter starts all over again. …

EDIT ADDITION:

From PR back on June 7, 2011:

…the Company is projecting to achieve commercial production at its Lamaque Project as of the end of the third quarter…

Obviously this didn't happen, as it wasn't on the books as of their Sedar filing entitled "Business acquisition report" of 28 Dec 2011.