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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Message: Re: Question??? khareema
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Jun 17, 2010 10:57AM
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Jun 17, 2010 12:36PM
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Jun 18, 2010 01:05PM
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Jun 18, 2010 04:27PM

"My forecast; KWG will up the offer just enough for NN to be able to say it is a superior offer before the market opens on Monday morning. CLF will come right out behind them with a 21 cent offer."

Let everybody know that Monday in not D Day. KWG is counting business days and not the weekend, so the offer might not come til Wednesday. Don't sell your shares. Here is a quote from KWG....."Pursuant to the Combination Agreement, KWG has the opportunity, but not the obligation, to offer in writing to amend the terms of the Combination Agreement and the amalgamation of Spider and KWG Subco (the Amalgamation) before 12:01 a.m. on June 24th, 2010. KWG is considering making such an offer" The hint is the offer is comming but they need a few more days, perhaps for the valuation to get finished. So don't panic on Monday if the offer doesn't come on the weekend.

Watching closely

TheSky

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Jun 18, 2010 07:30PM
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