Agoracom: Small Cap Investment - Spider Resources

Welcome To The Spider Resources HUB On AGORACOM

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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SnugTheJoiner

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SPQ, UC Resources & McFaulds

posted on Apr 21, 2008 03:13PM

Although Jim Voisin (CEO, UC Resources) doesn't mention Spider Resources in the audio presentation on the UC board, an investor in SPQ should listen to the presentation.

UC Resources is the operator in an JV with SPQ & KWG on Spider's McFaulds Lake claims. Voisin hopes to be drilling in mid-June on VMS anomalies identified quite some time ago.

This drilling will impact SPQ's share price in the later part of 2008. Assuming a strong movement up in share price from the assays coming in from the Freewest Option drilling (and Noront's nearby Eagle drilling), any nickel-copper news from McFaulds drilling would be terrific.