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Wescan Goldfields Inc V.WGF

Alternate Symbol(s):  WEGOF

Wescan Goldfields Inc. is a Canada-based mineral exploration company based in Saskatchewan. The Company is focused on the exploration of its portfolio of gold properties and the acquisition of new exploration targets. Its properties include Fork Lake property, Jojay gold property and Munro Lake gold property. The Company holds a 100% interest in the Fork Lake/Jasper/Tamar (Jasper) gold property, consisting of certain mineral dispositions covering 6,513 hectares located approximately 150 kilometers northeast of La Ronge, Saskatchewan. The Jojay gold property consists of five claim blocks covering 1,496 hectares located approximately 150 kilometers northeast of La Ronge, Saskatchewan. The Company holds a 100% interest in the Munro Lake gold property. The Munro Lake property consists of mineral dispositions covering 2,489 hectares located approximately 128 kilometers northeast of La Ronge, Saskatchewan.


TSXV:WGF - Post by User

Bullboard Posts
Post by trapezeon Nov 09, 2009 9:35pm
765 Views
Post# 16469505

this is really starting to piss me off

this is really starting to piss me offIs it just me or are these guys totally and obnoxiously oblivious to shareholders' interests? Drilling for coal for three months not a bloody thing to say. Not surprisingly, share price is drifting toward its 52-week low of
.11. The closing bid today was
.13.5, so at this rate we should hit 0.11 in a few days. But wait. The 52 week low is not just a 52 week low; it's an all-time low - or at least for as far back as I can go. MANAGEMENT: WAKE UP! IT'S NOT YOUR MONEY!

On the other hand, the half million shares it issued at 0.16 per to settle an $80k debt is suddenly a good deal. I think management deserves a few more performance options for that.
Bullboard Posts