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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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Message: Re: CLF NR - what's left to do
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Jul 02, 2010 07:59PM
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Jul 02, 2010 09:02PM

I guess I am nieve at this,but with the lock-ups that Cliffs has I do not see the point you are making. WE either DO OR DO NOT SURRENDER OUR SHARES to our brokers. That gives us the only options . Lets say we do not surrender and Cliffs still gets their 50.1 %,are they then compelled to buy all shares that have been issued ? What are the ramifications,if any,of just not surrendering and hoping that they do not get the 50.1 %.

If there is strong consensus in not surrendering our shares,then lets get the word out to not surrender.

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Jul 05, 2010 01:55PM
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