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: Censorship

Re: Censorship

posted on Mar 17, 2010 01:14PM

Carry, this article can explain why Big Daddy:

http://www.sudburyminingsolutions.ca/articles/News/03-10-Chromite-mine-operator-still-to-be-determined.asp

"It's still not clear which part of the chrome intrusion will be developed first. It's in my interest to make it Big Daddy , but it could be Black Thor," said Frank Smeenk, president and CEO of KWG Resources. "Big Daddy has the width, the grade and the consistency and seems to be the more concentrated portion of the intrusion...but there's no data indicating a compelling case in favour of Big Daddy or Black Thor, so I think the source of financing may determine it .

"If KWG is able to put together a project financing package, then that would add to the attractiveness of Big Daddy being first ."

Good luck to all SPQ shareholders!

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