PPAnother 20 plus million shares at 5 cents. WGC doesnt seem to be much of a gold miner but at least they are mining investors pockets.
The one good thing is at least they can still find someone to invest in more shares and insiders bought $462 thousand worth of the private placement shares so at least they are still putting their money where their mouth is.
Insiders like Carbrerra who is supposed to have $3 million of his own money invested in WGC are in so deep that they have to keep putting in more to try and keep the company afloat so they dont lose all their original investment.
Hopefully it all works out.