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Message: Owning Cliffs, SPQ, and KWG causes headaches

Well I was involved in the FWR takeover and wisely (in hindsight) took Cliffs shares in the end. This move up today is very welcome to my pocketbook.

I also own a lot of shares in both SPQ and KWG and have for several years. I do not want to let them go for an undervalued offer such as the one Cliffs has made. I am hoping that the KWG valuation comes in at or above $0.25 so that cliffs will have to increase their offer for SPQ and subsequently KWG.

In that way all of us retail investors will have made a great return on our investment in junior mining and Cliffs will still have made a good deal in the long run giving them an unmatched position from anywhere in North America.

My fingers are crossed -

IMHO - Wishing

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