cliffs response
in response to
by
posted on
May 29, 2010 08:38AM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=http%3a%2f%2fsystem.marketwatch.com%2fnewscloud%2fdocguid%2f%7bC65B5954-915D-490C-9984-04161CEC0636%7d&symb=SPQ
Personally I think their comments are a bit commical , First of all the lack of expertise to develop the chromite , well i guess it takes a brain surgeon to take out ore out of the ground and put it in rail cars , then , dilution for the share holders on the amalgamation , where do you get dilution when you double up on the shares and the resources at the same time. The hard part is done already we found the high grade ore , now is the easy part , ching ching , just run the cash Register , there is all kinds of diluted money around wheather its U. S. or canadian dollars. The old saying goes still BUILD IT and THEY WILL COME . The .13 cent offer was an insult and an insult to management of KWG and SPQ , guaranteed they will up the offer by next week. If somebody told me I couldnt do something I would guarantee one thing and prove them wrong. JMO but Noront should get involved with their eagle 1 and 2 like they originally talked about a year ago to develop the Ring of Fire . I would rather see a Canadian firm in control here and if any big taker showed up they would get preference . JMO buying more shares Monday.