RE: ANOTHER THOUGHTTumbleweed, you have hit the nail right on the head. The fact that KWG is proposing to spin off the 1% NSR and the railway rights is proof the BOD is working for us shareholders and not Cliffs. I'm thinking now that Cliffs may try to scoop up Spider with a beefed up bid that they hope will stop the merger. That will give them control of BD which is their stated goal. Under this scenario, KWG would be left on the outside. We would still get bought for more than 13 cents, but it would be less (and later) than what would happen under a merged KWG/SPQ.
I hope SPQ votes for the merger. A combined 60% of BD will make Cliffs pay more and possibly attract a second bidder. Pray that Canaccord finds a buyer willing to buy the merged company before the July 9th vote. For disclosure purposes, I own both KWG and SPQ.
Trix