Re: Special Resolution - lethalgal
in response to
by
posted on
May 26, 2008 03:23PM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
"Will the share consolidation be indeed necessary if say after the next week or month the shares go to .30 or more?"
My guess is NO.
As I conjectured in a previous post, all bets are off if Spider Resources moves up strongly. The Special Resolution provides the Company with an option and some ammunition should excellent drill results and assays from the Freewest Option fail to put a fire under the share price.
We're not talking about traces of nickel and copper here. We're talking a significant PGE find.
IMHO
Snug