lots of 'speculation as to what the next move will be and who will make it.
has been talk that cliffs will not walk away from their .19 offer because they really want spq's minerals. cliffs has too much to lose at this point and will make a 'better' offer. 'better' is relative.
has been talk that cliffs could walk away from this offer because they don't want to be 'bullied'. if they were to walk away, the initial reaction from shareholders would/might be to get out fast in droves, thus causing to price to plummet. and of course, cliffs would be in there like a dirty shirt picking up every share for their next assault on spq but this time at .07c.
wonder what joe d. with his gazillions would think of that scenario.
the merger of course would have taken place and it would be some time before the new and better company would emerge stronger.
i will hold long as i've done now for a few years.
not sure what the extra innings have in store.
enjoy canada day