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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: SPQ - History is more or less bunk

SPQ - History is more or less bunk

posted on Aug 28, 2009 02:16PM

"History is more or less bunk. It's tradition. We don't want tradition. We want to live in the present, and the only history that is worth a tinker's damn is the history that we make today." Henry Ford (1916)

We've heard all about SPQ's history and the perceived 'mistakes' that have been made. So do we just mire ourselves in history and sentimentality? And complain about what's been done?

There was an opportunity at the last AGM to address SPQ's future opportunities, but in my opinion, it was missed. Now we sit with close to 500 thousand shares, and we're bereft of ideas. Except to spout history. Valued SPQ investors heard on this board are now quietly dumping shares at large losses, and putting the money into KWG and other ROF plays.

I still believe that there are silver linings in the dark clouds. KWG's aggressive business plan is one of them. 50-50 remember? At one time, the complicated arrangement with KWG seemed a 'sea anchor'. Now? A breath of fresh air, perhaps. And maybe even a railway.

I've asked the guys at KWG when drilling on the Freewest Option will begin. I have a phone call in to Neil asking the same question.

If you've have any thoughts on how SPQ should be moving forward, I would love to see them posted on the board. No history lessons, please.

Snug

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