Re: Trading resumes at 10:15
in response to
by
posted on
Jun 28, 2010 10:46AM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
OUR advantage, and we have a BIG one, is that Cliffs showed us the hand we are bidding against and now we know we cant really loose..the pot may not be as big as expected but we can still win if we dont miss the clues.
the reason for what I am saying is simple: Clifs made an offer of .19 for all outstanding shares so you get the .19c whether you tender to cliffs or not, if clifs gets enough to defeat the murger so vote merger and see if CLIfs and their cronies have enough.
If Clifs fails to get enough to defeat the merger then we get another offer from them for more by the 5th of July. And by then our commitment to the murger (merger) should be entered and counted.
Should the merger go through Clifs determination will have to be proved up with an offer for the combined co....have to be greater then .25c should satisfy most...
So u see we have control..I hope clifs remains smug for the time being and they will meet their Waterloo.
IMO VOTE MERGER win win