SPQ 14.3% 0.8¢ superior resources limited

yep that one just keeps on going, I'm very bullish on SPQ if you...

  1. 6,951 Posts.
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    yep that one just keeps on going, I'm very bullish on SPQ if you look at VIC ( victory mines its another type of nearolgy play that's very close to AUZ Flemington play, VIC has recently gone on a bit of a run from 1.2 cents to now 2.4 cents ( MC approx. 22 million)
    although VIC projects are more advanced than SPQ ones at this stage, a resource report for them put VIC as a speculative buy with a target over 6 cents, that would give a MC of around 70 million.

    for SPQ at 5.5 million MC its too cheap with 2 million cash to come in soon as well, and drilling next door to AUZ MC 350 million) and AML ( MC 168 million).

    the only thing that stoped SPQ run to 2 cents was it was very low on cash and everyone new it was going to do a CR soon.
 
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