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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

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Comment by thedave2006on Mar 05, 2009 8:58pm

RE: RE: RE: Ian Telfer in I'm out!

no clue what Vengold turned into, I think it was Itemus. JOKE!!! Not sure about it turning into Emergis.Cheers,Dave.

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Discussion

Comment by thedave2006on Mar 05, 2009 8:49pm

RE: Ian Telfer in I'm out!

remember his vengold going internet? LOL!did well in wheaton river since i bought it long before he came aboard.was about to buy wgi, now my ngd owns them. great deal.cheers,dave.

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Discussion

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Post by SkyeCairnson Mar 05, 2009 4:02pm

The New NGD

Oliphant always said WGI was to expand by buying companies operating in a specific geographic area (i.e. NAFTA ) Now we are in Peru, Brazil and Austrailia all Non NAFTA countries. READ ...more

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Comment by moneydiggeron Mar 05, 2009 12:46pm

RE: RE: New Gold and WGI = Rip Off

I will disagree here, I see a bigger potential now with this merger. Seems like a perfect fit. Now holding with more confidence. I like it!

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Discussion

Comment by Roundtripon Mar 05, 2009 11:36am

No Hedging Policy

The new company has a no hedging policy. I expect that something will be done to get rid of WGI's hedges.

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Discussion

Comment by garyzeeon Mar 05, 2009 1:59am

RE: RE: New Gold and WGI = Rip Off

i think most of you guys are missing the big picture.i,m sure most people would agree that ngd,s management is highly respected.they have been around for a long time.their looking out five years from ...more

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Discussion

Comment by sammyj1on Mar 05, 2009 12:38am

RE: New Gold and WGI = Rip Off

congrats onteh call, you were right, and i agree this sucks. basically WGI guys want to retire and are checking out at the expense of shareholders. either that or they own schulyk ...more

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Discussion

Comment by joe12packon Mar 05, 2009 12:01am

RE: RE: RE: Hell Maybe!

For the short term (say 2 years), WGI is getting slightly shafted in this deal. They are cash flowing like crazy now. Based on last quarters results, they'll earn 88 cents a year on a $1 ...more

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Discussion

Comment by Thunderhead1on Mar 04, 2009 10:01pm

RE: 12 posts....3 of them mine

Okay, here's another opinion. Of course we all wanted $3+ for our WGI shares (too bad we all were not as astute as poster mlmack who says he somehow got $4.40 for his WGI shares...lol).The two CEO ...more

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Discussion

Post by Roundtripon Mar 04, 2009 1:09pm

Conference Call is Available

The conference call is available by playback. Randolph O. sounded excited about the new company. He mentioned that the WGI management had large share positions and were in favour of ...more

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Comment by mlmackon Mar 04, 2009 12:46pm

RE: Hell NO!

Glad I got out about a month ago at $4.40. As I stated then, the 2009 guidance was terrible, when you look back only the third quarter of 2008 was above guidance, all three others were below, excuses ...more

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Discussion

Comment by prestedon Mar 04, 2009 12:42pm

RE: I'm voting YES!

You make a good point, Roundtrip. Still, I'm in the disappointed camp because I had always assumed WGI would be taken out by one of the big names. That said, I have a deep respect for ...more

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Discussion

Post by Roundtripon Mar 04, 2009 12:20pm

I'm voting YES!

With the board of New Gold including Pierre Lassonde and Ian Telfer, with investor Seymour Schulich owning 12% of the old New Gold and a strategy to become a 1 million oz gold producer by 2012 ...more

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Comment by keizaigakushaon Mar 04, 2009 10:42am

RE: New Gold and WGI = Rip Off

I concur, NGD is a strange ammalgamation of mines and operations all around the world with no cost saving synergies. Their stock price is way off from the peak and their marginal cost of ...more

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Discussion

Post by make_rubleson Mar 04, 2009 10:08am

New Gold and WGI = Rip Off

I posted a while back this was coming and here it is. I know many thought I was sniffing glue when I said a 1 for 1 stock exchange, but whatever, that doesn't really matter. That was ...more

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