I am getting to be much less sure of this solely based upon both your Posts here today.

While $0.06 compared to the Closing Price today seems to be NOT so shabby it is very clear the Market thinks nothing of it. Compare how well KWG's SP has done in the past couple of weeks with that of SPQ.

Definitely something very wrong with SPQ's SP over the past few weeks. Is SPQ's SP being kept down to make this PP Proposal look good?

Also, if this PP Proposal Strike Price is really that good for SPQ Share Holders, WHY HAS THE SP NOT MOVED UP TO $0.06.

Both you seem very keen on pumping this announcement. Very much out of character for both you, especially you yellowknifer.

With a third look over the basics today, I feel that KWG may well have made a much better PP deal with Cliffs.

As you both very well know, I have suggested potential reasons for this SPQ Move. But given the info you both have Posted, I have to feel we, as SPQ Share Holders, are being under valued and WAY Under Sold NOW.

We only know that IBK is acting on behalf of SPQ in placing this PP and the total Cash expected to be raised. NOTHING MORE!

We also know, due to SPQ's bosting, that SPQ has more than sufficient Cash ALREADY ON HAND to get well into Next Year on the level of activity agreeded to within ALL SPQ's obligations.

KWG also got a very good Strike Price when compared to this from SPQ/IBK!

Why can not SPQ do as well? When not even needing the Cash!

Surely SPQ Management are able to give Sufficient Detail so as to promote their own company.

KWG had absolutely no problem being up front with the WHO in their deal.

WHY NOT SPQ NOW?

To finish, are both you (yellowknifer & snug the joiner) attempting to appeal to retail share holders sense of GREED by suggesting we look beyond the present and into the BLUE SKY of the very much unknown Future. BILLIONS??? AND MORE BILLIONS???

Please try to not have me EXIT - STAGE LEFT!

Old Joe