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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: I hesitate to write this because

I hesitate to write this because

posted on May 26, 2008 08:42PM

I am a very slow typist but will try to make some points.

I started buying SPQ almost 10 years ago when it was just a diamond explorer and have never sold a share. I have made these points for years on the other board which I no longer use. Between my family and friends we own approximately 1/400 th of SPQ. Don't think for a second our votes will mean anything though.

Over that time period I have cursed the day traders for keeping the price down, but for the most part I would call them savvy investors because they have made a hell of a lot more money than me! The only ones I would ever accuse of being leaches are the ones that get on the boards and spew crap to get the price down. I WILL get the last laugh because I truly believe we are about to break out for good and they will miss the boat.

As for the people who call for a merger with KWG, we just got rid of them a while back (33% instead of 50% in most cases ) thankfully. They were a full partner for many years. They want to concentrate on diamonds. We don't!

Are you aware that N.N. morgatged his house some years back to keep SPQ afloat?

Again I was very terse with my comments about a reverse split because it takes so long to write my feelings but here goes.

I am dead against it because I firmly believe if we get good results it won't matter how many shares are out. Check out the historyof EZM a few years back, they had a half a million shares out and I quintupled my money because they had the goods. When we prove we have the goods (very soon) the day traders won't have any bearing on the share price. I think I will do a lot better than a quintuple but it has been one heck of a long wait!



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