we should trade higher

With our already large resource of V2O5 in the measured and indicated category and the perspective to recover titanium, vanadium and hematite as high quality end products the current MC is in my eyes too low.

Look to Argex Mining (TSX-V: RGX: MC 48.8 Mio Can$
Largo Resources (TSX-V: LGO: MC 124.2 Mio Can$
Energizer Resources (TSX:EGZ): MC: 34.4 Mio Can$
American Vanadium (TSX-V:AVC): MC: 36.1 Mio Can$


SPM has now a MC under 30 Mio Aus$