Gleegee: Agreed...being face slapped is not a great feeling. Cliff's is a smart player and lowballing will only put more stress on the shareholders. As they read the numerous post on the various boards they start thinking maybe this is it...but they couldn't be more wrong. There are several issues that make the merger a good thing for SPQ shareholders.

First the 1:1.3 ratio is fair

The 50% of the 2% NSR is a great add on

and 50% of the RR ROW tossed in sure doesn't hurt things. So all this makes me wonder which offering is "superior" the $0.19 Cliff's offer or the one presented by KWG.

This can only lead to KWG matching or bettering the offer but what would that offer be? I'm not sure but I'd think it has to be substantial (don't want to put my foot in my mouth so I won't hazard a guess). I'd appreciate someone speculating that offer. At any rate IMO it means that Cliff's can't take us out under $0.25 at the very lowest and possibly higher if this mysterious 3rd party appears over the weekend. Good move by SPQ/KWB to halt trading friday because it gives them the weekend to determine whether or not to respond and how. Will be a very interesting week ahead. It is time to go to the bullpen for relief.

Have a great weekend guys and girls.

Regards, Foghorn