Agoracom: Small Cap Investment - Spider Resources - Re: SPQ.V

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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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SPQ.V - UC.V Diamond Drilling Update 10/23/2007 1:01 PM - Marketwire

Lil_RedHourGlass

Nov 23, 2007 12:37AM

SnugTheJoiner

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Re: SPQ.V - Marketwire Release of OCT 23, 2007

in response to

SPQ.V - UC.V Diamond Drilling Update 10/23/2007 1:01 PM - Marketwire

Lil_RedHourGlass

posted on Nov 23, 2007 04:06AM

The important sentence in this previous release:

UC advises Spider that they are reviewing this project area and are currently planning a program to continue their exploration efforts on the other McFaulds VMS occurrences, while also looking for Noront look-alike anomalies in their vast land package that has been acquired covering a total of ten other VMS occurrences in the area through year two, three and four of the agreement.

As noted previously the metals information in this release was not "market moving". In fact, share prices fell from .22 (Oct 23) to .11 yesterday. SPQ investors are looking for exciting TDEM aerial survey information and much better drill information coming out after the winter 2008 drilling program starting in January 2008.