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Message: SPQ - still looking for intelligent discussion

Glenn1
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Re: 10:1 reverse split ...Lar...some thoughts

posted on Sep 04, 09 10:50AM

Many posters probably saw this post by Miskealp on the FWR board. Could it possibly hold some relevance for SKF (SPQ-KWG-Freewest)?

http://agoracom.com/ir/freewest/forums/discussion/topics/361416-come-on-mngt/messages/1209832#message

Some of my thinking goes like this with regards to the influence of Cliffs, chromite, and competition with Noront:

1) Miskealp comments on the more 'tight lip' approach by Mac Watson (FWR) at this time.

2) KWG has a Facebook interface with investors but it has been unusually quiet after a 'noisy' start.

3) My phone call to Neil Novak (SPQ) has not been returned. (He usually does.)

Here is my main thought: Something is happening within SKF (and potentially UC) with regards to their relationship to Cliffs. Chromite might not be sexy enough to rev up Noront's share price, but Cliffs doesn't care. And it doesn't want to show it's hand. Something's happening behind the curtain of silence.

Unfortunately SPQ and KWG have a gazillion shares outstanding. Somehow Cliffs needs to deal with this (perception wise). Or maybe they'll just gobble up SKF, and not even worry about share price. Unfortunately the pitifully low share price may keep them off the radar screen for other suitors.

Any thoughts.

Snug

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