OTCPK:SPVEF - Post by User
Comment by
Barley1on Apr 15, 2008 2:37am
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Post# 14970824
RE: News from their website
RE: News from their websiteGood post Nilyab. This looks like a smart deal to me, and I would be very surprised if the price does not strengthen in the next day or two. I like several things about the deal - 50% of something is a great deal better than 50% of nothing, as someone else has said. Part of the deal is structured to get the small, troublesome, issues out of the way, e.g. smallholder miners, land for facilities etc., which the Chinese partner will be able to achieve much more easily. Finally, they are putting their money where their mouths are! I like it. It looks like a company maker to me, and I think that, at last, Spur's long suffering shareholders will be rewarded. My guess is a price of well over $1 in the near future.
Barley