Spider Resources

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

over 14 years ago

in response to johndefur's message

You said

“Well, we have found out the true intentions of Cliffs, as we shall see shortly, and that panic at least, of Cliffs backing off, will most certainly NOT be here at SPQ...”

What about the scenario where Cliffs just focuses in on their Freewest deposits, in effect mining around the Big Daddy deposit thereby making it less desirable. I believe that Cliffs wants’ total control of the JV property, but I recall this being brought up as a possible way for Cliffs to undermine the value of Spider.Your belief/statement that Cliffs does not want Spider drilling and finding other valuable deposits, probably negates this as a possibility, and works in Spider’s favor. . Thoughts?? Is this a non issue??

Relic