Johndefur- I agree with your post, That spq is the #1 small play in the mcfauld lake area. I posted on the spq board 2 weeks ago that spq would be swallowed up by NOT within 6-18 month's.
The reason was that spq/kwg own the biggest land package in the area and that the ceo was in the same office as NOT and a director of NOT. So I went out and bought a truck load of spq, at 0.045 knowing that NOT will (hopeing) buy them out, so down the road I will probably be owning more Not shares anyway.
I suspect more drill results from spq , this week or next, after the PP closes, with good results from the next cores, spq will not see 0.020 again, I think buying spq you can't go wrong. JMHO.
good luck to all the longs ( what a great board compared to stockhouse)