We are all wondering how the SPQ battle for shares ended last night. Did Cliffs get their large majority they desired or if not, will they extend the offer? KWG seems to be just observing the happenings the last little while. A NR from our board would certainly be much appreciated by KWG shareholders and give us some idea what direction our Board is going in. Our shares started off on Monday with 6.6 million traded on TSX & Alpha and dropped to 1.1 Mil on both Wed & Thur only to pick up on Friday with 2.7 mil and seemed to be tightly controlled to keep it in the .115 to .12 range. We know something is going to happen soon and the 4.5 mil shares sold by Bruce showing up on Sedar has caused a mild panic in some shareholders. Everything seems to be in limbo now and we are all hunkering down in the waiting game. Let's hope we get some kind of idea next week where KWG is going, or otherwise it is going to a long Summer for some. rj