good NEWS ...lets get moving !!

Welcome To The Spider Resources HUB On AGORACOM

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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yellowknifer

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good NEWS ...lets get moving !!

posted on Feb 10, 2009 11:55AM

good day everyone !

we need to get a feasability study done within a set amount of time in order to gain 65% of the freewest option.

as well, Neil has some eyes on drilling particular targets to expand our known deposits.

dilution is not the issue... and it never is in these cases ...dispite the onslaught of sentiment from junior explorer investors.

MARKET CAP is the issue ...the only issue in these cases. (not # of shares)

if we will have an increased market cap of 4 million or so dollars which assures 65% ownerswhip of our big daddy option and substantiates that with more drilling results showing a bigger deposit ...then this represents great value.

so: @ 4 cents our market cap will go from 14 to 18 million.

when the world awakens to our deposit (feasability study and 43-101's) this 14 to 18 million will be completely irrelavent up against the proven BILLIONS of DOLLARS IN THE GROUND.