Friday, April 8, 2011

Quote of the day, without a doubt......

The effect of the merger is to have existing small shareholders transfer 60% of our investment in CMM to the new company without receiving anything in return. Finskiy's money is NOT going to finance continuing development at Lamaque, we are. The cheaper Finskiy gets CMM for at our expense, the less he has to invest to bring CMM's assets to full production. Management is claiming that WTG is here to save CMM with financing ... at an insanely high cost to most CMM shareholders, while lining Finskiy's pockets with 60% of our gold. Without our consent, management has decided to finance their mistakes by stealing 60% of our ownership in CMM and handing over to Russian thieves. If management was properly and honestly serving their fiduciary responsibility to all shareholders, they would not be selling 60% of our shares for a few bucks in financing.

Thank you SigmaLamaque from Stockhouse for finding this wonderfully written and quite truthful quote...

2 comments:

bigjohn37 said...

Yes! I second the motion by nt300;
THANK YOU, SigmaLamaque.
BTW, I like your nick-name!

iamjohngalt said...

Wish I'd said that.