good morning, I just chatted with KWG regarding the news. As you can see it is .19 for the SPQ shares that KWG owns. The reason KWG is selling it's SPQ shares to CLF is quite simply an olive branch. KWG could, if it chose, to continue the dissent process....and be a thorn in CLF side. KWG has decided that the SPQ shares are not important enough in the bigger scheme of things to bother going all the way thru the courts and dissent process. The deal was specifically offered by KWG for CLF to start participating in the enormous amount of work to be done regarding their claims. So simply an olive branch to clear the air and move on. We will have an idea how CLF is feeling when the newest KWG PP closes. If CLF takes all of the $3million, then they are signalling that they are not being antagonistic and are going to play ball(if they also exercise the warrents due in the spring 2011 they will be over the 19%).....if they only take some of the PP (ie: and still stay at or below the 19.? insider %) then there hanging in but it's not necessarilly a love-in......if they decline any of the PP, then they probably remain hardnosed and antagonistic.

all IMHO

I'll post this then get onto a few more interesting points from my discussion.

cheers.....sambone