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Message: It looks as tho financing needed

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It looks as tho financing needed

posted on Sep 03, 08 09:21PM

Unless i am missing something here WGF will need to raise some $$ to do some coal exploration - OR make some JV deals and share the costs and the possible profits one day.

Looking at that Westcore deal - the MacNeils are heavily involved there and for those who didnt know , Ken MacNeil is WGF's CEO.

MacNeils have some terrific connections to the investment community , but given the current credit environment it wil be a challenge to make a deal OR raise sufficient equity.

One thing for certain WGF's shares can be had much cheaper than a month ago. Closed today at .36

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