I hope some half penny flippers got burned today, the panic was in their eyes.
The sp may be down but volume speaks for itself. SPQ has a resource that will be developed...by CLF or some other company hidding in the bushes.
Hold on to your shares. This is not hype but reality, the ROF will be developed. A rail link is coming and the Gov. of Ontario see's dollar signs in tax revenue so they will be helping this project along with expediated environmental and the possibility of infrastructure money for rail.
This is not FWR, there is very little speculation left. We should be getting top dollar for SPQ a resource worth billions should not be sold for under $1.00 a share even if we have 100's of millions outstanding. Chromite is not sexy...but if we had a gold deposit worth 80 billion would we still be at .12?
rallard