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: value

Value is dificult to ascertain no question about it..The major issue for this property is not whether we have the goods but rather when the goods will reach market and cash flow is generated. we know or can be reasonably certain Cliffs or any major in the steel industry will want the deposit is how much is a product you will only sell in 30-40-50 yrs worth today? The tendency is to discount that value a great deal. the sooner the product can reach the market the greater the value

SOOOO is this deposit big enough and rich enough(grades) to be a prority production item That is the $64 questian answered by the n43-101 report. and that is what we have to see point final

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