An interesting discussion is taking place on the NOT board. Donypee and Khareema have got it started. I have taken a quote from Khareema's post because I find it significant for Spider Resources.

"There is no doubt that a major will buy in here. I believe that the reason it has not happened yet is that it is still much too early for it yet. My thoughts and I am sure they have thought of it also is that we still don't know where the mother lode is. They could buy in to Noront and then FWR could hit it, or vice versa. I do believe that drilling will continue for a few months yet, and once they have a positive feel for where the real stuff is they will form some sort of consortium between NOT,FWR,SPQ, and FNC if they do find something,and maybe even PRB. In concert with this group, there will be a major laying down a bunch of money for 10% and the right to a deal to acquire the rest at market value."

Investors have been wondering about SPQ, its financial position, its JVs, and Neil Novak's connections to people like Nemis, Watson, and Voisin. Personally I feel very, very positive about the future.

Khareema notes that "we still don't know where the motherlode is", and he mentions NOT and FWR in the same breath, so to speak. However, SPQ also has a chance to find the motherlode. If that was to happen, Big Daddy becomes the "leader of the pack".

Whether this happens or not, the future for Spider Resources and the ROF - in my estimation - remains very bright. If, as many are predicting, there is a huge surge in inflation and the "greenback" flounders, I'll bet this Great Canadian Area Play against any other such play around the world.

Snug