For those interested in doing some research read the announcement made by AGO on the 16th Dec 2011.
They sold their magnetite, vanadium and titanium project
{Balla Balla} for 40 million dollars to Forge Resources.
Compare the market cap of SPM and what SPM currently has in the ground. You will begin to get the idea of how much SPM is undervalued.
Last time I checked SPM had a mkt cap of less than 27 million.
Do the numbers yourselves.
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