Two major attacks on the sp today. They have increased their efforts and sped up the pace. Bottom line? They're still largely selling to themselves or buddies on low volume. No one is much selling. What does this mean? The space between now and news is getting much smaller, they want more shares and they want the sp down. I don't think we'll be waiting 6 months to hear of a takeover if that's what CLF has in mind..... and who says it is even CLF? I suspect this summer could be the time to move when all is quiet and people are harder to contact or away from things. If NOT is going to be taken, as was the case for SPQ and KWG, the best is to take them before they prove up too much more and gain more attention.
Do you remember the sp activity before the announcements from CLF came out. Do you remember their (SPQ/KWG) plunging sps?.... and then? All spec. folks. We wait to see.