Actually, I think this silence is golden (as in gold coin) for us, and every minute it continues makes it better.
You have to figure that KWG had some plan of action that they were going to lay on the table by late Wednesday. If they didn't there would have been some sort of leak.
You also have to figure Neil was prepared for many options that could come from KWG, along with a plan to deal with them. If there was bad news there it would also leak somehow.
CLF is patiently waiting in the wings, no doubt prepared to make the next move depending on what transpires from KWG, and what SPQ's reaction to it is.
The market shows us that, with 24mill shares on the bid at .16, and very little on the offer, that there is nothing negative leaking, and the outcome here will likely be positive.
The only logical conclusion is that everyone is preoccupied with something, and that something is likely serious discussions. For Neil to be at the table at this point would have to indicate that there is something worthwhile being discussed, and he has said he wouldn't discuss anything under .25.
The longer the silence continues, the more likely it is that Neil is holding out for just a bit more.
Best regards
K
