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Coho20

06/21/13 12:18 PM

#7458 RE: nagoya1 #7457

Well I am a little relieved that most of the board do not see this the same way I do and hope we have someone with more money winning the auction. I do agree with you that even if it is Wits it is not the end of the world but you may need to wait six months to a year or so to see any real rise in the share price which also does not bother me too much i have the time. I just find it very interesting that they have their caution warning on the anaversary of our BRP publish date. We should know by tonight.

Love the hockey games they have all been excellent I'm hoping it goes to seven games in Chicago and the Hawks take the cup home...I just can't take the boy's at work getting another Boston cup...the summer is just too long to enjure their bragging. Have a good one N.
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HRc60

06/21/13 12:24 PM

#7459 RE: nagoya1 #7457

If WGR win the auction, it will be an offer to buy 20% of the Southgold properties for 100M$.

The cash will be used to restart the operation and put the mill and mining operation at the design level in a very short terms to produce positive cash flow.

It shall be also possible Credit Suisse accept to exchange is debt for 40% of the project and will advance an other 50M$

I am impatient to see the BRP plan.
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goldenpolarbear

06/21/13 1:52 PM

#7464 RE: nagoya1 #7457

http://www.otcmarkets.com/news/otc-market-headline?id=15221247

A New Focus?
Wits Gold has taken the step forward into a new era. From exploration specialist to emerging mid-tier gold producer!

http://www.witsgold.com

Hmmm?

Cheers,
GPB