it's a good day for all of us.
it says a lot that SPQ just raised almost 5 million dollars
...@ 30% over the existing share price
...in the existing financial melt-down ...biggest since the depression
...and in the biggest drop in commodities of all time.
THIS SAYS SOMETHING !
it says we will be drilling right through any resession or depression (unlike most other juniors)
...in my 10 years as investor of SPQ (i have over 2 million shares)
...there has never been such frothy interest in the company by Majors as there is now and the present PP is the highest in SPIDERS HISTORY ...to my knowledge and i have partipated in PP'S in the past and will probaly do so this time.
this is great news:
the reason i have been with the company for so long is that Neil always targets the drills correctly ....during the ninties every time he drilled ...we got more verification of deposit in the ground (copper) ...he has the best track record of successful holes then anyone else in the whole industry.
Now: ...just imagine what we are in for! he now will go out and drill holes more assuradly than ever... because he knows the ROF better than any one else... he was their first by the way... and directed NOT into eagle one.
As well: meanwhile we have money to complete not only a 43-101 but a feasability study... showing the world the economics of a mine ...a chrome mine with the plusses of nickle ...platinum ....plad.
IS IT A MAJOR: ....like Cliff ....who is behind the PP ???
MY GUESS: most likely. ...and this is also just what we need
perhpas it's the start of a bidding war :))))
cheers ...danny