Re: News: KWG to retain its Spider shares
in response to
by
posted on
Jul 09, 2010 12:50PM
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
This makes the SPQ shareholders that sold look like fools. Why in the heck did KWG not say this before we sold ( or tndered)??? IMO,this whole fiasco with CLF is just ripe and begging for a class action lawsuit for all SPQ shareholders and perhaps some brokers . I missed the initial tender time by less then an hour and I was told if I want I can tender on a "best efforts basis",with no guarantee that CLF would want to take up my shares and that it could tie my shares up for some time. I looked at the other option ,which was to sell (this kind of backed me up against a wall ) and thats what I reluctantly did. Seems to me that I ( and probably many of you ) was basically given the boot,althoigh final decision and responsibily for my sell action was all mine. But I now feel like Shit about this whole crap. Why,why did KWG not release this NR ,at least on monday> Seems they should have known their position as early as last friday??