Agoracom: Small Cap Investment - Spider Resources - Interesting about MineralFields / offer

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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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Kevlude

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Interesting about MineralFields / offer

posted on Jul 02, 2010 08:30PM

Well, this sucks... Who knows if it's really over, but seems like it might be.

I found it very interesting that MineraldFields had 13.8% ownership on June 25th NR and today's NR it says they have 10.8%... already traded 3% to Cliffs... ? They wanted to make a quick buck, and so they did...

Hard to believe considering we saw a valuation, (although retracted), stating a much higher value.