Ann: Steam Engine Gold Project - Scoping Study, page-9

Any? Because, unfortunately, this really isn't that exciting. I won't win any friends here but I can see why the scoping study was delayed. Take away all the distractions like the lithium – it's unlikely that will come to anything – and I think they didn't find nearly as much as they wanted to hence the stated primary objective "to fast-track programs aimed at expanding the existing Mineral resource". They need to find more to make it a truly viable project. I could be wrong but the market has been hot to react to any junior miner announcing real potential in recent times and it has hardly reacted at all – 750,000 shares only moved in the first 75 minutes after opening. A wise old man once told me "never fall in love with a stock" because if you do you will make excuses for it, find positives in relatively weak announcements that aren't that significant at all. There are a lot of canny investors out there, way more so than me, and if they aren't interested then there's a message to be understood. SPQ's future hangs on the outcome of the Kimberley drilling, simple as that. As always IMHO and DYOR.