I think it has more to do with the current situation with almost all small caps. Have a look at the companies you yourself have been posting on.
CJO down 13c to 8.8c AMX down $1.80 to 67c PIO down 3c to 1.6c IVR down 38c to 18c
Now assuming you are a holder of some of these companies, surely the individual situations can't all be dire? Sure SPM have a low market cap but there have been many examples of companies with low MC being taken over or agreeing to financial backing due to great resource and ability to produce a profit. This one will take time but like all small caps it is risk and reward. It depends on what you believe will happen. I guess time will tell.
SPM Price at posting:
12.5¢ Sentiment: LT Buy Disclosure: Held