Agoracom: Small Cap Investment - Spider Resources - Re: Cliffs reacts

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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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Wishing

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Re: Cliffs reacts - read below.

in response to

Re: Cliffs reacts - read below.

GleeGee

posted on Jun 30, 2010 03:46PM

I think Cliffs has always said that they would not take up any shares tendered if they did not have enough to meet their targets. I think they aslo said that they would at that point have the option to retract the offer.

Maybe this is just another scare to mention it again through brokers or new releases to shake a few more shares out??