Friday, May 31, 2013 6:00:37 PM
First, if you read the financials and website, you would see that on July 4, 2012 the company extracted approximately 15,000 to 18,000 tons of ore. Details of the explosion, etc are well chronicled and time stamped to that date. Not sure of the "stockpile" you are referring to with CRWV, but certainly should not be compared to this one; different.
Mr. Peterson was the victim of unscrupulous promoters, who promised him funding for his property/project in CRVW, only to dupe him and use his property for promotion without this funding ever appearing. Given the default by CRVW, (and damage to his impeccable reputation prior to CRWV) Mr. Peterson received his property back and found both funding and expertise in WIIM.
Mr. Peterson has spent the better part of 10 years of his life and his own money funding the development of the property. Asset stripping? I think not. More like reputation stripping.
The company has traded less than 100,000 shares in the last year, because it is NOT a promotion as you suggest. To my analysis, the recent volume reflects the company: it will be in production in the 3rd quarter of this year. How many of the thousands of Junior Resource exploration companies can say that they have produced gold? WIIM has, and will improve that production.
From my discussion with Mr. Peterson, the last 2 months have seen significant expenditures and funding towards this goal.
Again, simply adding some furtherance to your comments that are not completely incorrect, but do not fully explain the story.
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