1.11+ million shares traded

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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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SnugTheJoiner

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1.11+ million shares traded

posted on Jan 07, 2008 06:10PM

Just thought I'd mention that SPQ traded over 1.11 million shares today (Monday). There continues to be a great deal of interest in Spider Resources.

In fact, SPQ traded more shares today than any of NOT, BMK, FWR, FNC, KWG, UC, and PRB. All of these are good juniors, but SPQ is among the best.

Moreover, I've noticed other junior plays not in the "Ring of Fire" ringing up totals of less than 10,000 shares per day. Low volume means high volatility i.e., you can lose 30% in a heartbeat. and keep that loss for quite a while with essentially "dead money".

Remember, McFaulds is an "area play", and SPQ is a vitally important component of that play. The number of shares traded on a daily basis confirms that belief.