Getting this offer from Cliffs within hours of the KWG offer only proves how nervous they are about losing out on this major resource. And if they are keeping the KWG stock down by selling into the maket, I think that is something the OSC should investigate because of their "insider" position with regards to SPQ/KWG.

KWG stills has until just after midnight July 6th to make another offer and if an independent valuation could be completed prior to that time, it may give the added information to increase the KWG offer value and carry us to the merger vote.

Do not let the Cliffs memos, emails, news alerts, sway your votes. They have obviously made some kind of deal with SPQ's largest shareholder ( all details of which I hope have to be made public because of the situation) but they are still a long way from a winning %.

Keep your shares and vote MERGER

IMHO Wishing