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

Free
Message: Re: DD shares.
2
May 26, 2010 05:57PM
36
May 27, 2010 09:59AM
3
May 27, 2010 10:14AM
18
May 27, 2010 02:14PM

May 27, 2010 02:15PM
5
May 27, 2010 04:21PM
8
May 27, 2010 04:30PM
2
May 27, 2010 05:37PM
1
May 27, 2010 05:38PM
13
May 27, 2010 08:29PM
4
May 27, 2010 11:01PM
10
May 27, 2010 11:34PM

Khareema: What we don't know is the date of record for holding KWG shares to get shares of Debut Diamonds. I bought another 50,000 in KWG today but I have no idea if they will qualify.

I also picked up another 60,000 shares of SPQ. I had an order in for more but it wasn't filled. Maybe tomorrow!

I talked to someone at KWG today about the Shareholder's Rights Plan. Even though a phone number was given in their last press release, the papers hadn't been finalized and the spokesperson was waiting for word from their lawyer.

IMO there will be a lot of details to be worked out before a merger will be presented for shareholders consideration. As the saying goes, 'the devil is in the details'.

Even if Cliffs walks and our share price takes a dive, I think it will be short time pain for long time gain.

I realise I have to be prepared should a merger take place (SPQ &KWG) and the new company is left to its own devices. Will they be able to raise the money to proceed?

The two CEO's have come a long way and IMO they will not let this project die on the vine.

The key here is patience.

Gleegee.

PS: Someone posted that SPQ has a Shareholders Rights Plan. I can't find any mention of one in any annual report or NR. I could phone the office but hate to be a bother at what must be a very harrowing time. So, if anyone has a copy, could you post it here, or PM me and I'll send you my e-mail address.

2
May 28, 2010 10:42AM
4
May 28, 2010 11:07AM
3
May 28, 2010 11:27AM
Share
New Message
Please login to post a reply