Ann: Quarterly Activities Report , page-21

Back in Oct 2011 SPM reported that they would know the
outcome by FEB 2012 regarding the extraction process of titanium and iron ore from their vanadium.
One would think news is not too far away.
If it has been successful I am led to believe there could be interested parties overseas who may like to get involved in some capacity with SPM.
Hopefully the technology regarding the extraction works.
If it does, then we are looking at some exciting times ahead.
SPM will no longer be considered just another vanadium company with a massive resource.
Still cheap buying in my opinion.