So based on the value of the deposits and the inadequate $1.00 offer,
WE SAY THE BUCK STOPS HERE ! ! !
We are organizing to defeat Cliffs current “puny” offer by voting a resounding “NO” and advising others to also vote NO…We have absolutely nothing against Cliffs per say, we agree that Cliffs could be the right Company to bring these superbly rich deposits into production, however NOT by buying FWR shares at $1 in Cliffs stock…This “deal” must be based on the “REAL” value of said FWR Rich Deposits, and not on some “unreasonable” number…FWR was due to release a instrument NI 43-1101 on at least Black Thor, and they promised to do so before Xmas 2009….Why not release all the data/information to the public and other interested parties?.....This is one of the primary reasons we have started this Fair offer movement, we must know what these FWR Deposits are worth, before making a reasonable $dollar amount….and certainly 1$ in Cliff shares does NOT even come close to FWR’s rich deposits “TRUE Value”….
Sunday, January 3, 2010
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