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Message: White Tiger Announces an Updated 2012 Production Forecast and the Commencement o

This seems very reminiscent of what happended to the Canadian holdings last year. Default on terms of financing and the quick decision to simply walk away from it. It's business, so it is going to cost WTG something to get past this 20% shortfall and resulting default. Let's hope it not a as much as Canada cost us. The NR discloses a number of possible impacts, to guarantors and to co operations, all probably with related parties. It also disclose mines as a possible target and that is disconcerning to me.

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