"Questions should be put to the BOD about the latest effort at a private placement and future buy-ins by companies like Cliffs. And assuming that SPQ has enough money for the 2009 summer drilling season, will SPQ be the operator or will KWG?"

there you go again!

This is the crux of the annoyance with respect to SPQ. It is so difficult to get even the simplest of Basic Information out of Management. Creates confidence, let alone confort. Doesn't it!!!

I know that much of the reason is the challenging nature of the Corporate Business with respect to KWG, But we should be able to get at least the most Primary Information, In Spite of the Difficult Partner!!!

Who is the Big Daddy Operator? How big is the Intended Summer/Fall Drill Program going to be? What EXACTLY will the Objective of this pending Drill Program be? What other considerations should we, the Share Holders, have in mind? Who is tugging at the SPQ Apron strings? There is/are those doing the tugging. What is it they are SEEKING?

Just some of the Smoke rising from my Pipe!!!

Old Joe