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White Tiger Gold Announces Positive Drilling Results on Its Nasedkino Gold Project
September 28, 2011
5:54 am
doc
Member
Forum Posts: 407
Member Since:
April 4, 2011

September 28, 2011 07:17 ET

White Tiger Gold Announces Positive Drilling Results on Its Nasedkino Gold Project

 

TORONTO, ONTARIO–(Marketwire – Sept. 28, 2011) - White Tiger Gold (TSX:WTG) ("the Company") is pleased to announce assay results from a major diamond drilling program currently being conducted on the Nasedkino and Uryum license areas located in south Siberia, Russian Federation. This announcement represents the first update on the 40,000 meter program which commenced earlier this and contains the assay results for 80 drill holes comprising 8866 meters. The program is designed to increase the conversion of historical Russian approved C1+C2 gold resources into National Instrument 43-101 ("NI43-101") compliant mineral resources and to expand the current limits of the known mineralization at the Zhelanny, Gora 5 and Pridolinny deposits and other new gold prospects such as Gluharinny.

The drilling program is managed by LLC Urangeo-Amur, under the direct supervision of the TOMS Group ("TOMS"), an independent exploration and engineering company with offices in Irkutsk and St Petersburg. TOMS has extensive exploration management experience for a wide range of projects located throughout Russia and the company is approved by the State Government.

Highlights

  • Three diamond drill rigs dedicated to in-fill drilling on the Gora 5, Zhelanny and Pridolinny deposits and a fourth rig is testing 3 new exploration targets on the Uyrum license area. Core recovery has been excellent for the entire drill program averaging in excess of 95%.
  • In-fill drilling on Gora 5 and Zhelanny designed to increase the conversion of historical Russian approved C1 + C2 gold resources deposits has shown that excellent continuity exists between the wide spaced historical drilling results and the new assay results reported in this news release.
  • Drill results from the Zhelanny deposit have returned better gold grades in comparison to the average grade for the total inferred mineral resource for Zhelanny deposit. Notable intersections USING UNCUT ASSAYS include 11.5 meters averaging 72.9 g/t Au in drill hole 607 and 23.2 meters averaging 1.72 g/t Au in drill hole 612 and 8.0 meters averaging 18.56 g/t Au in drill hole 771.
  • Drill results from the Gora 5 have also returned higher gold grades in comparison to the average grade for the total inferred mineral resource for Gora 5 deposit. Notable intersections include 40.0 meters averaging 3.97 g/t Au in drill hole 658 and 23.8 meters averaging 2.44 g/t Au in drill hole 619.
  • Drilling at the Gluharinny prospect has discovered a new zone of gold mineralization. The best intersection includes 8.2 meters averaging 2.22 g/t Au and 18.56 g/t Ag in drill hole 659.

Zhelanny Deposit

The Zhelanny gold-silver-copper mineralization forms a northwest trending zone that is 450 meters in length and is inclined to the northeast at 35-65°. The principal host rocks for the gold mineralization comprise plagioclase-quartz-biotite and plagioclase-quartz-garnet-biotite ± sillimanite gneiss which have experienced retrograde calc-silicate alteration comprising a mineral assemblage of biotite-Kspar-actinolite-scapolite-haematite-carbonate. The dominate iron sulphide mineral is pyrite which ranges in content from 2-5% and is associated with minor pyrrhotite, chalcopyrite and marcasite. Drilling has encountered at least 3 subparallel zones of gold mineralization achieving a maximum combined thickness of 47 meters in drill hole 771. In-fill drilling is being carried out on a 25 x 50 meter grid. The current mineralized intersections reported in Table 1, exhibit good continuity with the historical intersections both along strike and down dip. Visible gold has been recognized in drill holes 607, 753 and 771. The mineralization is open below a vertical depth of 140 m and is potentially open to the south. In total, 73 holes have been drilled on the Zhelanny deposit for 7312 meters of which 40 holes were completed in 2011 for 4186 meters. The current 2011 drilling results including significant gold intersections are reported in Table 1. Assays results for 17 holes are still outstanding.

Table 1: Assay Results Zhelanny Drilling Program (at 0.7 g/t Au cut-off)
Section   DDH   Depth   Azimuth   Dip   From   To   Length   Au   Ag   Cu
Line   No.   (m)   (deg)   (deg)   (m)   (m)   (m)   (ppm)   (ppm)   (ppm)
LC-520   600   120.0   240   60.0   94.6   101.8   7.2   1.32   1.02   183
LC-520   602   85.0   240   60.0   5.2   11.0   5.8   1.36   2.40   498
LC-520   602               54.6   59.7   5.1   0.75   1.06   172
LC-520   604   65.0   240   60.0   25.2   29.3   4.1   3.92   6.73   2943
LC-520   606   99.6   240   60.0   No Significant Results
LC-520   608   45.0   240   60.0   No Significant Results
LC-530   745   120.4   239   60.5   No Significant Results
LC-540   601   103.1   240   60.0   82.0   86.2   4.2   1.19   1.83   290
LC-540   613   200.0   222   57.2   1.0   4.0   3.0   1.11   18.30   3030
LC-540   613               11.0   24.0   13.0   0.99   27.37   5054
LC-540   603   30.0   240   60.0   No Significant Results
LC-550   753   40.0   239   60.3   27   33   6.0   4.17   n/a   n/a
LC-550   753   including   31.2   31.8   0.6   32.35   n/a   n/a
LC-560   605   95.0   240   60.0   No Significant Results
LC-560   607   80.0   240   60.0   51.5   63.0   11.5   72.91   3.96   140
LC-560   607   including   54.2   61.0   6.8   122.33   6.23   105
LC-560   610   130.0   240   60.0   No Significant Results
LC-560   611   50.0   240   60.0   No Significant Results
LC-580   609   170.0   240   60.0   62.0   72.5   10.5   2.49   21.44   2241
LC-580   609   170.0   240   60.0   89.9   105.0   15.1   0.92   2.66   508
LC-570   771   108.3   238   59.2   30   48.4   18.4   8.74   n/a   n/a
LC-570   753   including   32.3   40.3   8.0   18.56   n/a   n/a
LC-570   771               55.0   94.0   39.0   2.28   n/a   n/a
LC-580   612   111.5   232   62.4   0.8   6.7   5.9   1.69   2.79   2
LC-580   612               12.5   35.7   23.2   1.72   1.82   6
LC-580   612               39.0   52.8   13.8   1.46   1.06   53
LC-580   614   90.5   240   60.0   3.0   11.7   8.7   1.57   1.21   16
LC-580   616   83.4   240   60.0   No Significant Results
LC-580   617   212.0   240   57.8   No Significant Results
LC-600   647   225.0   243.5   58.0   No Significant Results
*True thickness of the mineralized zone is unknown and is reported as drill hole length

Gora 5 Deposit

The Gora 5 gold-silver-copper mineralization extends along a northwest trend for 880 m in length and is inclined to the northeast at 30-60°. The mineralized zone is thickest between lines 460-480 and appears to be truncated in the southeast by a fault. Good potential exists to extend the gold mineralization to the southwest between lines 450-510 and 550-580 and to the northwest of line 590. The gold mineralization is associated with the same retrograde metasomatic alteration as observed at Zhelanny but contains a higher copper content, a higher Au:Ag ratio of 1:1.45 versus 1:1 and a higher proportion of granite porphyry dykes. A total of 3 subparallel zones of gold mineralization are present in the Gora 5 deposit achieving a maximum combined width of 41.1 meters in drill hole 619. In-fill drilling is being carried out on a 25 x 50 meter grid. The current 2011 mineralized intersections reported in Table 2, exhibit excellent continuity with the historical intersections both along strike and down dip especially between lines 450-510. The mineralization is open below a vertical depth ranging up to 145 meters on the majority of drill sections. In total, 74 holes have been drilled on the Gora 5 deposit for 7464 meters of which 58 holes were completed in 2011 for 5264 meters. The current 2011 drilling results including significant gold intersections are reported in Table 2. Assay results for 12 holes are still outstanding.

Table 2: Assay Results Gora 5 Drilling Program (at 0.7 g/t Au cut-off)
Section   DDH   Depth   Azimuth   Dip   From   To   Length   Au   Ag   Cu
Line   No.   (m)   (deg)   (deg)   (m)   (m)   (m)   (ppm)   (ppm)   (ppm)
LC-450   651   50.0   240   60.0   26.2   29.2   3.0   0.76   35.08   1667
LC-450   653   106.2   237.5   59.3   79.2   83.0   3.8   1.34   3.08   1297
LC-450   655   80.2   242   60.0   10.0   14.8   4.8   1.42   5.40   296
LC-450   657   91.0   241   59.5   No Significant Results
LC-460   632   100.2   244   58.2   37.2   42.2   5.0   2.01   n/a   n/a
LC-460   632               62.8   73.2   10.4   2.37   n/a   n/a
LC-460   634   25.0   241   59.3   No Significant Results
LC-460   635   100.3   243   59.6   23.7   36.8   13.1   1.35   0.13   433
LC-460   635               50.3   64.5   14.2   1.07   2.02   2327
LC-460   635               100.0   121.0   21.0   1.06   1.60   1694
LC-460   636   175.5   244   59.7   51.2   84.5   33.3   1.77   1.41   1034
LC-460   636               99.5   104.5   5.0   1.87   4.14   3902
LC-460   636               117.7   127.5   9.8   0.82   2.72   3014
LC-470   658   151.0   243   61.1   109.0   149.0   40.0   3.97   1.42   1418
LC-470   661   126.0   241.5   59.5   83.2   91.0   7.8   2.95   0.29   n/a
LC-470   661               96.0   99.0   3.0   0.89   0.10   36
LC-470   661               112.9   123.2   10.3   1.42   2.49   2251
LC-470   662   100.2   243   59.5   55.7   71.9   16.2   4.79   n/a   n/a
LC-470   662               87.9   91.8   3.9   0.78   n/a   n/a
LC-470   666   60.0   239   60.1   0.0   6.0   6.0   1.13   0.73   204
LC-470   666               21.6   40.5   18.9   1.90   3.21   1185
LC-470   666               44.8   53.8   9.0   1.00   0.77   479
LC-480   638   190.0   243   59.6   141.8   145.5   3.7   1.12   1.52   586
LC-480   638               159.0   163.6   4.6   4.63   3.03   2127
LC-480   639   127.0   241   60.0   61.9   72.3   10.4   4.43   0.15   113
LC-480   639               75.5   90.8   15.3   1.82   0.48   376
LC-480   639               103.8   113.1   9.3   1.07   1.98   2228
LC-480   642   142.2   243   59.5   88.8   101.8   13.0   1.62   n/a   n/a
LC-480   642               106.0   128.2   22.2   3.06   n/a   n/a
LC-480   643   36.0   242   59.2   27.4   34.8   7.4   1.56   n/a   n/a
LC-480   644   101.2   243   59.7   2.2   6.2   4.0   1.30   0.13   181
LC-480   644               18.4   24.2   5.8   0.75   4.84   1751
LC-480   646   85.1   243   59.7   No Significant Results
LC-490   649   55.1   243   59.7   No Significant Results
LC-490   670   100.1   240   60.2   69.1   84.7   15.6   2.14   n/a   n/a
LC-490   672   120.2   238   60.9   74.0   80.6   6.6   1.50   n/a   n/a
LC-490   672               94.8   110.5   15.7   1.49   n/a   n/a
LC-490   676   170.1   241   60.8   116.2   122.0   5.8   4.33   0.39   718
LC-490   676               142.0   148.2   6.2   1.61   0.45   501
LC-500   648   115.0   243   59.7   97.5   102.5   5.0   5.59   1.68   1171
LC-500   649   55.1   243   59.7   25.0   33.8   8.8   1.18   0.27   141
LC-500   649               37.6   43.2   5.6   0.79   0.17   121
LC-510   679   20.2   241   59.8   4.2   14.8   10.6   1.31   0.30   530
LC-510   681   50.0   241   60.1   No Significant Results
LC-510   682   75.1   242   59.4   No Significant Results
LC-510   683   107.0   243   59.5   99.0   105.2   6.2   3.54   0.93   660
LC-520   650   76.0   242   60.0   9.0   16.0   7.0   1.31   1.51   2869
LC-530   685   45.6   241   59.9   No Significant Results
LC-530   689   106.1   242   58.7   No Significant Results
LC-530   690   133.0   242   60.9   79.4   89.0   9.6   1.16   12.16   4332
LC-540   626   151.0   244.5   60.0   98.8   104.0   5.2   2.36   1.22   583
LC-540   626               110.2   115.4   5.2   2.15   2.75   955
LC-540   628   110.2   240   60.0   14.0   20.8   6.8   1.47   1.41   400
LC-540   628               84.8   90.2   5.4   0.83   0.80   356
LC-540   630   90.2   240   60.0   No Significant Results
LC-550   693   80.1   241   59.9   No Significant Results
LC-550   694   100.1   241   60.1   21.2   25.1   3.9   3.39   n/a   n/a
LC-550   694               80.9   85.8   4.9   0.79   n/a   n/a
LC-550   699   142.1   242   60.9   No Significant Results
LC-560   623   43.2   243   60.0   No Significant Results
LC-560   624   115.0   241   60.0   No Significant Results
LC-560   625   64.2   244   60.0   No Significant Results
LC-570   700   30.0   240   60.1   No Significant Results
LC-570   701   52.0   244   59.9   No Significant Results
LC-580   619   102.5   240   60.0   37.7   41.5   3.8   0.75   0.25   11
LC-580   619               51.2   75.0   23.8   2.44   1.24   173
LC-580   619               85.0   98.5   13.5   1.54   2.42   711
LC-580   621   50.2   245   58.8   5.0   23.1   18.1   1.94   3.76   806
LC-580   622   23.9   244   60.0   No Significant Results
*True thickness of the mineralized zone is unknown and is reported as drill hole length

Gluharinny Prospect

The Gluharinny gold-silver mineralization is hosted by an altered quartz-feldspar and biotite-amphibolite gneiss and is located 3 kilometers east of the Pridolinny deposit and situated in the Uyrum license area. The gold mineralization was previously identified by wide spaced trenching. The mineralized zone strikes to the northwest and has been traced intermittently for over 1100 meters in length. The gold mineralization is associated with sheeted quartz veining and is open to vertical depth below 100 meters. In total, 33 holes have been drilled on the Gluharinny prospect for 5688 meters. Exploration drilling has been carried out on a wide spaced grid of 200 x 100 meters. The 2011 drilling results including significant gold intersections are reported in Table 3. Assays results for 22 holes are still outstanding.

Table 3: Significant Assay Results Gluharinny Drilling (at 0.7 g/t Au cut-off)
Section   DDH   Depth   Azimuth   Dip   From   To   Length   Au   Ag   Cu
Line   No.   (m)   (deg)   (deg)   (m)   (m)   (m)   (ppm)   (ppm)   (ppm)
Gl-110   671   200.0   249   59.8   38.2   43.8   5.6   2.50   4.84   403
Gl-150   695   200.0   248   60.8   35.0   42.3   7.3   1.10   n/a   n/a
GL-150   713   200.0   247   28.4   No Significant Results
GL-190   665   200.0   248   58.7   No Significant Results
GL-190   675   200.0   249   59.2   No Significant Results
Gl-190   680   200.0   249   59.1   56.8   64.4   7.6   0.95   13.46   378
Gl-230   659   202.0   245   59.0   17.7   25.9   8.2   2.22   18.56   306
Gl-230   659               123.8   127.9   4.1   2.29   2.91   496
Gl-270   687   200.0   248   59.9   58.6   62.7   4.1   2.62   3.81   1225
Gl-310   723   200.0   247   61.4   31.7   35.7   4.0   1.04   n/a   n/a
GL-310   728   200.0   244   62.4   No Significant Results
Gl-340   722   200.0   245   62.7   17.6   23.0   5.4   0.72   2.90   551
*True thickness of the mineralized zone is unknown and is reported as drill hole length

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.

Qualified Persons

Mr. Stanley C. Bartlett, P.Geo, Managing Director for Micon International Co. Limited ("Micon") is the independent "qualified person" as defined in NI43-101 who prepared the mineral resource estimates disclosed in this new release. Mr. Bartlett is responsible for the scientific and technical information in this news release and has reviewed, approved and verified the data disclosed herein (including sampling, analytical and test data underlying the scientific and technical information.)

Drilling, logging, sampling and dispatch were under the direct supervision of TOMS, an independent geological consulting and engineering company certified under the Law of the Russian Federation # 128- FZ with the latest revision dated December 29, 2010.

Micon prepared NI43-101 compliant Technical Report on the Nasedkino Project entitled "Nasedkino Project, Chita Region, Russian Federation, Mineral Resources, NI43-101 Technical Report" dated November 22, 2010, a copy of which is available under White Tiger Gold's SEDAR profile at http://www.sedar.com

Quality Control

Drill core samples are processed in the Company´s on-site preparation facility which is managed by ALS Chita Laboratory LLC ("ALS") and is independent of White Tiger Gold Ltd. The drill CORE SAMPLE pulps are then shipped to ALS´s facilities in the capital city of Chita, Zaibaikal Region, Russian Federation where they are analyzed by Fire Assay with AAS finish. Copper, silver and 33 other elements are analyzed by ICP-AES. White Tiger Gold utilizes industry standard QA/QC protocols with respect to sampling procedures. Blanks, duplicates and international industry certified standards are inserted into the sample stream to monitor laboratory performance. Analytical results of control samples indicate there is no apparent analytical bias or systematic contamination of samples, and accuracy is within the stated specifications of the certified reference material. ALS Chita, an internationally accredited analytical company with 300 offices worldwide.

Additional information including press releases and public documents about White Tiger Gold Ltd. can be viewed at the Company's website, http://www.whitetigergold.com or at http://www.sedar.com.

About White Tiger Gold

White Tiger Gold is TSX-listed mining and exploration Company, focused on the development of mineral resources in the Russian Federation. White Tiger Gold currently operates the producing Savkino heap leach gold operation located in southeastern Siberia. Plans are underway to expand gold production at Savkino and continue with the aggressive drill program at the Nasedkino property situated in Chita Region in southeastern Siberia. The Company also holds 3 additional early-stage gold exploration licenses in prospective geological environments located in central and northeast Siberia.

Forward-Looking Information

This news release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding mineral resource estimates (including the potential conversion of historical estimates into estimates that are compliant with NI 43-101), expected results of drilling and other exploration activities, the Company's receipt of certain assay results, potential mineralization, the potential scope of the mineralized area and the Company's exploration and development plans) are forward-looking information.

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks related to the exploration, development and production stages of the Company's properties; uncertainties relating to the availability and costs of financing needed to complete exploration, development and production activities; failure to establish estimated and/or anticipated mineral resources (no assurances can be given that the indicated and/or anticipated levels of gold will be produced from such resources); delays in the exploration and development of, and/or commercial production from, the properties in which the Company has an interest; the uncertainties involved in interpreting exploration results and other geological data; unexpected geological conditions; the speculative nature of mineral exploration and development, including the uncertainty of and the imprecision in mineral resource and reserve estimates; success of future development initiatives; operating performance of facilities; the possibility that the results of future exploration will not be consistent with the Company's expectations; changes in the price of gold or certain other commodities (such as fuel and electricity); fluctuations in the currency markets; changes in equity markets; changes in interest rates; failure to complete financings on favourable terms or at all; exploration, capital and other costs varying significantly from estimates; uncertainties relating to the availability and costs of financing needed in the future; changes in national and local government legislation, taxation, controls, policies and regulations; political developments in Russia; environmental and safety risks; delays in obtaining or failure to obtain necessary permits and approvals from government authorities; and the other risks involved in the mineral exploration business.

Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. Additional information about these assumptions and risks and uncertainties are contained in the Company's filings with securities regulators, including its management's discussion and analysis dated March 30, 2011 (available on the Company's SEDAR profile at http://www.sedar.com). All of the forward-looking information made in this news release is qualified by the foregoing cautionary statements and those made in the "Risk Factors" section of the Company's most recently filed Annual Information Form dated March 30, 2011 (available on the Company's SEDAR profile at http://www.sedar.com).

The mineral resource figures disclosed in this news release are estimates and no assurances can be given that the indicated levels of gold will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While the Company believes that the mineral resource estimates disclosed in this news release are well established, by their nature mineral resource estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are inaccurate or reduced in the future, this could have a material adverse impact on the Company. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred mineral resources are estimated on limited information not sufficient to verify geological and grade continuity or to allow technical and economic parameters to be applied. Inferred mineral resources are too speculative geologically to have economic considerations applied to them to enable them to be categorized as mineral reserves. There is no certainty that mineral resources can be upgraded to mineral reserves through continued exploration.

To view Figure 1: Hole Locations 2011 Drill Program – Nasedkino and Uyrum License Areas, please visit the following link: http://media3.marketwire.com/d…..928_1x.jpg

To view Figure 2: Drill Hole Location Map – Zhelanny Project, please visit the following link: http://media3.marketwire.com/d….._928_2.jpg

To view Figure 3: Drill Hole Location Map – Gora 5 Project, please visit the following link: http://media3.marketwire.com/d….._928_3.jpg

To view Figure 4: Drill Hole Location Map – Gluharinny Project, please visit the following link: http://media3.marketwire.com/d…..g4_928.jpg

 

 

 
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September 29, 2011
6:03 pm
nt300
Member
Forum Posts: 521
Member Since:
April 4, 2011
2
0

Interesting how after the approval we get a positive NR.

September 29, 2011
7:35 pm
Paydirt13
Member
Forum Posts: 27
Member Since:
April 20, 2011
3
0

In my opinion these thieves have no credibility.  In my mind these #s are as fabricated as the garbage they tried to sell in the 101 done on Lamaque. 

Why would anyone think otherwise?

 

Paydirt13

September 29, 2011
8:35 pm
Ron S.
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Forum Posts: 76
Member Since:
April 4, 2011
4
0

Well what do you know, strange coincidence. That was my first thought too pd13. Colour me ignorant but are there checks in place in russia that satisfy Canadian standards? I don't know if I even care really.

Oh come on nt300, it must be just a coincidence coming out fast after the approval.

And yeah, my mother is a gypsy princess.

September 30, 2011
9:42 pm
Ron S.
Member
Forum Posts: 76
Member Since:
April 4, 2011
5
0

crap, back down to 19 cents Friday. maybe we better start pumping. You go first.

September 30, 2011
10:37 pm
bigjohn37
Member
Forum Posts: 330
Member Since:
April 4, 2011
6
0

Ron S., this is the Finskiy "magic" at work! People see through his deceptive shenanigans. No-one wants to buy anything he touches or controls, i.e. his junk. What really saddens me is that inspite of all our efforts to awaken Canadian regulators about Finskiy & Associates, they got away with their scheme. The failure of the regulatory system has to be fixed at the political level (i.e. by the people we elect to hold political office). Once we recover from battle fatigue, that may be our last Hurrah (as well as a Class Action Lawsuit to get justice).

One other point: Finskiy could have never done this alone and without the active collaboration of the spineless members of CMM's Board of Directors. Mr Board Chair (you weren't appointed by Finskiy!), why did you sacrafice your principles of fairness & integrity? You alone could have scuttled this disaster by resigning. If it was not for Blair Franklin, you and your colleagues on Century's Board would have accepted the first conversion ratio offered at 0.1889!!! We should thank Blair Franklin for the 0.4, what we actually got.  And you dared to form an "Independent Committee" of the Board, when in fact you all acted as Finskiy's appointed agents. What saddens me most is that you got away with this deception (so far!).Yell

October 1, 2011
9:46 am
Ron S.
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Forum Posts: 76
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April 4, 2011
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So far is correct. I am underwater and hobbled at this time from my choosing to believe this mine was offering a good value. Financing and enabling life choices for my family is altered, perhaps permanently.

Do they think I just may forget that.

October 1, 2011
12:16 pm
bigrattler
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Forum Posts: 53
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April 4, 2011
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Ron, this mine did and still has a good value, not to mention the Peru property, unfortunately  people like Maxim Finskiy and Francis Scola come along with their spineless followers to do their dirty work in order to take something that is not rightfully theirs while Canadian regulators just sit idley by and watch it all take place.  I did send in a letter to the regulators expressing my opinions about their lack of action and oversight in this, they didn't like what I had to say but I really don't care that I hurt their feelings. I closed my position after the special meeting as I want nothing to do with this band of thieves and didn't want to see what underhandedness they will perform next. I certainly hope other junior miners with good potential saw what happens when you accept financings from a questionable source. For now I will watch from the sidelines as the next atrocity Maxim Finskiy has up his sleeve for the remaining Century shareholders. What has happened here is ceratinly a shame and should never have happened.

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