Not that I know a lot, but the word on the NOT board is that mergers will likely take place in the next while so the minors can stay alive. It makes sense.
What's nice about SPQ is that they have plays all over the ROF. With Freewest, UC, and even Noront. I think it will get a taste of whatever the upside will be.
I spend a little time at www.smallcaps.ca (good stuff in their forums by the admin 'gee') and I think every play anyone has posted about in the last year is DESTROYED in this market... there are none that have held on.
As a poker buddy of mine says 'they are down infinite'... SPQ is no different. It's par for the course these days.
I guess we're all going to see what happens... but I still like SPQ in the ROF as they cover a lot of turf... and that's your best option when you're hoping for a money find.