Its great what you have done in your case,but one has to remember that many,many investors are/were invested in a number of the ROF companies,in particular SPQ and KWG . What KWG is doing now ( a week after the merger process was abandoned ) by issuing a NR that they will not tender their SPQ shares should/could benefit KWG shareholders,but does nothing ,at the moment ,for the SPQ shareholders that sold/tendered their shares. IMO,it does not/should not take a week for KWG to realize that the .19 was not good enough .This is not rocket science. Had KWG stated last friday ( Jul 2/10) that they will not tender could have had a dramatic impact,IMO,on the outcome of what SPQ shareholders would have done. SPQ shareholders did not have this information until friday,Jul 9/10,when it was too late for the many SPQ shareholders that had sold/tendered without the knowledge that KWG will not tender their SPQ shares. Perhaps my reply here logically belongs on the SPQ board as this discussion relates mostly to the SPQ shareholders,but KWG,s actions may/could affect KWG shareholders too. I will reiterate that ,IMO,there is a strategic ploy/move on the part of KWG to come out a week later to announce that they will not tender. They knew on Jul 2/10,IMO,that the .19 was not good eough . They know what the ore body has and its potential ,more so then anyone else perhaps. THE PLOT TICKENS. For one thing,what is becoming clear is that,IMO,there must have been a heck of a fallout between SPQ and KWG leading up to the Jul 2/10 NR that KWG will not up their merger offer to match/beat Cliffs .19 offer. The apparent lack of consensus ,IMO, between SPQ and KWG seems visible to all now.
