However, (and I should have thought of this)...there is only mention of Century in terms of the business combination (not yet completed). The 3rd quarter end was Sept 30...prior to completion of business combination by a long shot. The financials really only relate to WTG before CMM.

Some specifics in the MD&A:

-Gold production in the three and nine months ended September 30, 2011 amounted to 8,131 and 11,362 ounces, respectively, and gold sold amounted to 7,340 and 10,178 ounces, respectively. Production in the third quarter of 2011 was adversely affected by unseasonably heavy rainfall in July and August. However, shortfalls in production have been recuperated and production was back on target by the end of the quarter.

-NOTE: 8,131 was much better than I expected; although weather dictates that the 1st quarter will be weak. Realised price was $1700 at cost of $905 per ounce. Compared to 2010 up 4% in ounces.

Nasedkino

-Exploration ahead of schedule (See 27 Sept assay results)

Geozvetmet

-Relatively low exploration activity

Finances:

The quarterly results of the Company are seasonally affected due to the severe climatic variations where the Company operates. Due to the seasonal nature of operations, higher revenues and operating profits are generally expected in the second half of the year than in the first half of the year.

Ildikangold is now generating positive cash flow from its Savkino Project, which, combined with the IFC Bank and Sberbank credit facilities, will enable the Company to accelerate the planned development of its Nasedkino Project. The Company does not expect to have concerns in the short term over the funding of its working capital requirements as a result of continuing high gold prices, the bank facilities in place, stability of demand, and a stable offtake relationship with Sberbank for the sale of gold produced.