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 Oct 18, 2005 9:37pm

282 Views

Post# 9731228

RE: Trend Seem To Tell Us Things Are Not Good

The trend has been down since last CC. It seems to me that the price was being kept around $4 for some time and was bound to break sooner or later. I really don't think the China connection has had any affect on the PPS yet. Heck we don't even know what's happening at the plant located in our own back yards. I would hazard to GUESS that iFire is having some difficulty with commissioning the new plant, we should have heard something about the plant by now. John

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