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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Message: Re: Spider Resources - let's review where we are and where we're going - YK

Hello Mr. Danny

I'll bite.

You posted:

"by the way, even if we hit it really big on the "big daddy" lets say we find nickel and gold too !! ....well FWR will get 50 % and maybe more.

while SPQ WILL GET around 22.5% ..."

With present ownership interest on these claims at 50/25/25(FWR/SPQ/KWG), what scenario or event do you forsee taking place which could actually decrease SPQ's %?

There are provisions in the Jv agreement for SPQ/KWG to increase ownership %....but decrease???

Thanks

ai

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