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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: Re: Formal offer
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May 31, 2010 06:39PM
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May 31, 2010 06:57PM
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May 31, 2010 07:18PM
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May 31, 2010 08:17PM
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Jun 01, 2010 07:31AM

I am dumbfounded at the audacity of Cliff making such an offer. That they didn't increase their offer at all disgusts me. Surely they must realize that the BOD are going to advise their SH to reject the offer.

The only thing that scares me is that there was nearly 40 million shares traded at $0.13 last week, which means that there were a lot of weak hands letting their shares go.

On the positive side, the level 2 is empty. There are less than 100k shares listed on the offer side under 17 cents, so maybe the fight is on.

Hold your shares, vote for the merger with KWG, and you will definitely reap greater rewards than this piddly little offer.

All in my opinion,

Cylinder


Jun 01, 2010 07:48AM
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