Cylinder ...
I love SPQ. But you know what I would do with $1200?
I would buy 100 shares of NOT, and use the rest for FWR (1500+ shares).
Here's my reasoning:
1) NOT looks very, very good. Not a sure bet, but pretty close to it.
2) FWR is working closely with SPQ on drilling the Freewest Option. Not a sure bet, but excellent possibilities. FWR also will be drilling their own 100% owned claims later this year (summer possibly?).
If the FWR-SPQ JV strikes, and the FWR shares run up, you can take some profits and put it into SPQ, if you want. Or let it ride waiting for another pop with the later drilling.
Just some ideas.
Snug