Hi All,

My guess is that Cliffs will extend the tender date for SPQ shareholders in order to give them enough time to sell into the market in case they don't want to wait for the cheques. This is also an oportunity for the arbitragers to get their taste.........and ensure enough shares are tendered.

The play for KWG will be interesting as well. I would love to know what Frank S is thinking right now! He really made a horse race out of this and SPQ shareholders owe him big as he got them at least another 3 cents a share.

It will be interesting to see where all this SPQ money will flow too. A lot of juniors will see interest swell in the next weeks as people look for homes for their money.

What is your guess as to where the $ will flow?

imo

Carry