Agoracom: Small Cap Investment - Spider Resources - Re: ROF 3 D "Underground Scene" concerns SPQ

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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Re: ROF 3 D "Underground Scene" concerns SPQ - Hoov

in response to

Re: ROF 3 D "Underground Scene" concerns SPQ

hoov

posted on Feb 14, 2009 02:35PM

Hoov:

Great observation on the need to have the PP, and to further drill "Big Daddy". Helium's work has made this "visible".

I personally think Neil and the BOD decided to do the 43-101 initially to whet the appetite of the majors. And now that he's had discussions (my assumption) with them, they need more comprehensive data.

Therefore, it's entirely possible that the 43-101 commissioned by Neil and the BOD of Spider Resources will be delayed. But any delay based on this reasoning must be considered good. I will endeavor to clarify these thoughts with Neil as quickly as possible.