Welcome To The Spider Resources HUB On AGORACOM

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: I missed the tender deadline

Suspect6660:The following is from the KWG board:

"Cliffs is expected to announce Tuesday how much more of the company it accumulates through its tender proposal, under which a prospective acquire invites all stockholders to tender their stock for sale at a specific price, usually a premium, at a specified time".

According to the above, tomorrow Cliffs should invite those who haven't tendered to do so at what it has paid so far - 0.19 cents per share - and perhaps you can expect a premium, my guess is .005 cents per share. Or you can sell in the open market and still get 0.18 & 1/2 cents a share or maybe 0.19 if you are lucky.

Thats my take, interpert it anyway you wish.Good luck.

See you around,

Gleegee.

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