GREY:WFEMF - Post by User
Comment by
mercurysmithon May 09, 2014 1:15pm
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Post# 22544663
RE:RE:Why was the monthly progress report hidden from OTC WFEMF?
RE:RE:Why was the monthly progress report hidden from OTC WFEMF?Happy, nothing is hidden from OTC WFEMF. The monthly progress is a report required by the CSE, not by OTC WFEMF. It is a level playing field for all retail shareholders. The CSE reports are available to everyone on the internet.
The progress report problem is that it gave no specifics regarding the starting of the testing work at Sangdong last month. Technically, if one takes a shovel and digs one shovel-full of dirt, it could mean that work has commenced. This monthly progress will not give lots of details (that is for a news release), but it needs to give an executive summary (i.e. the amount of money spent on drilling X number of test holes that month). The only reasonable assumption to be drawn from the progress report is that whatever happened at Sangdong in April must have been very minimal.