RE: Wega Miningnice find. They just did a financing in 12/08 but seem to be short on funds. They reported losses on their ownership in a Canadian miner, Merit, that probably threw a monkey wrench into their funding plans plus the Inalta Gold mine is over budget in $$ and time. Scheduled for 5/09 startup but they mention a 20-25million shortfall. Also have bankers working with them to "get them into compliance". One negative, I didn't dig it out but they mention gold hedges. If the mine is delayed and the hedges are coming due, it can create all kinds of havoc if they don't have the gold to satisfy the hedges, especially if the hedge price is low compared to today's near record prices.
I unfortunately hold Orsu and they are in danger due to hedges they can't satisfy plus project debt repayment that is now coming due.