Westaim Corp V.WED

Alternate Symbol(s): WEDXF

Financial Services Asset Management

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.

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Westaim Corp

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Comment by Jmarks7on Jun 22, 2005 3:19pm

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Post# 9195518

RE: GMP sales into this rally?

Becky, I believe your correct about Sanyo. I just can't see them backing away from the table if the pilot plant pans out. Just doesn't make sense, does it ? Sanyo putting their resources into iFire and then let someone else reap the rewards ! Management probably already knows Sanyo is the most likely contract partner and are waiting until the picture and economics are clearer. Then the serious money talk can begin. John

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