hello, do yourself a favour and drop the questions re the SP for SPQ. You're in a no win situation, folks on this board,, are very protective of Spider. You're not the only one with substantial holdings in SPQ and neither are you the only one who has charted the rise and fall of SPQ. We , and I use this term collectively, all want to be winners with SPQ and we know that it's only a question of time.

 The bottom line for SPQ is that it's SP will move in conjunction with NOT and hopefully when they start to do their own drilling they may get some good results. If they don't strike then look for a JV with NOT to move the SP, but as for shareholder value then where that ends up is anybodies guess. No question the # of outstanding shares is an issue, and not one that can be easily resolved. Though should they strike then this becomes almost a non issue, as the market will determine the SP. Whether or not we wish to believe it the "market" determines price and the "market" is never wrong. 

GLTA and as usual IMHO