we long suffering shareholders in Spider remember when Neal and the BOD tried to push through a reverse split of ten for one, it was turned down by Retail and the BOD lost the vote. Move forward to today, would they attempt another RS, in my opinion they would and a palatable split may be five for one. That would get us down to 60 odd million shares, and increase the SP to between 25 and 30 cents. If they are on the radar of a major then based on what Cliffs offer was to FWR, we could expect to see something in the region of 45 cents a share for the ROF properties and Neal gets to hold onto the other properties in the portfolio. Or conversely we get a share offer from NOT and if they sell out to a major who knows what that share would be worth but I'd bet the farm it'll be a hell of a lot more than 45 cents or a buck.

Joe