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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: Discussion with Neil Novak

This 43-101 has been requested by Neil and the Spider Resources BOD. Although there have been numerous JVs in the ROF, I doubt whether this process will extend to 43-101s.

Although many, including myself, have conjectured that since the ROF chromite mineralization, which is very,very large, should herald a potential consolidation of NOT-FWR-SPQ, these companies have their own boards of directors, and their own shareholder base.

IMO, I think the pressure of economics will define future alliances.

In the meantime, Neil and the SPQ BOD have a strategy, which includes a PP requesting flow-through capitalization, a future international 43-101, and the preservation of capital. It's not the prettiest of pictures... until one looks at the land claims and what's under it.

All written in the spirit of healthy discussion.

Snug

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