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: My feelings about SPQ

Pull up a 17 year chart on Spider.

Draw a trend line from the HIGH of 1997 at $.662 down thru the price spike at the end of 2007 at .221

Now, intercept that with a horizontal line and it is pretty clear to see the price should be sitting around .22. Even there this would not be considered a superior price level given the history.

A little sad to see, for all this company has been thru, and proven up in the past 13 years, the price is .50 cents lower.

Don't accept anything under .26 to receive any true kind of 'premium'. I see CLF's logic, but the chart shows me something else.

JMO

GS40

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