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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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Message: CIBC

Re: CIBC

in response to by
posted on Feb 17, 2010 11:45AM

Some interesting speculation.

After my experience with FWR, I am left curious as to who is doing the assays. Are our old buddies, Cliff's, hanling that part? Thay're so helpful. Like good neighbours.

It seems to me that CLF has de facto control of the ROF. Are there other players out there who have significant claims, not yet under the CLF sphere of influence.

About CLF...many of us remember the convoluted process for converstion of shares from FWR, leading to the actual value of FWR shares somewhere around .80 at the time we actually got control of them. I have been holding on, in the hopes that the SP would return to the 50.00 range, so I could get the promised $1.

That would give me a 4 bagger...maybe cash out double my initial investment and let the rest ride with CLF? (I remember, don't let emotions get in the way, but it still makes me gag a little.) A friend who exceeded 10X is letting all his CLF shares ride.

Still, I'm surprised CLF has not yet taken a run at SPQ, KWG (is it already in their back pociet?) or NOT, not necessarily in that order.

I'm glad I don't have the grocery money bet on the outcomes of all this.

Oscar's Dad

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