"Snug - would you go for the 10-1 this time around?"

Yes. With a "major" now fully involved in the ROF, this piece of "moose pasture" is for real. Moreover, with Noront also fully committed to developing its Eagle property, I think being "aggressive" in one's thinking (as Neil Novak is) should tell the investor something.

We should all remember once again, high risk = high reward. Spider Resources is not an investment for the risk averse investor. When things get "rockin' and rollin'" with SPQ, we're also going to see the same volatility and contraversy on this Agoracom board as we have seen on the NOT and FWR boards.

Hopefully, Neil will eventually get the bidding war, which was so sadly lacking in the NOT-FWR-Cliffs saga. With fewer outstanding shares, this just might happen in 2010.

All IMO.

Snug