Wheels Group Inc GRFJF

RE: Takeover

[shortUSA2]

If there are companies looking at possibly acquiring WGI they will be paying very close attention to the first quarter of full production (and so will I) to get an idea of what their margins are likely to be.   After that its just a matter of putting a reasonable value on the ounces in the ground, divided by the number of shares outstanding.  Couldn't say what we might be worth until we get a better idea of how the economics look but certainly we could be a target within a few months if costs per ounce start to look favourable.