I have posted this before on another board, but here goes again.
Minerals in the ground without a mine in sight will not cause attraction in today's global market state. A lot of people and investment firms have just lost a lot of money, and sources of income. All of the financials are down. The only companies that are profiting from the commodity boom are those that are extracting ore from the ground.
This will change. As the market rights itself, and investors believe that they have a stable base, they will start to look at the horizon to see other up and coming areas for investment. And there will be the ROF plays. There is no doubt that there are minerals underground in the ROF, and unless E1 was the motherlode (which I highly doubt), there is still a lot more to be found.
It all boils down to bad timing. In a stable market, or even a bottom, the news release from FWR, SPQ, and KWG yesterday would have pushed all SP forward today. However, since no one knows where the market bottom is, speculative plays are not getting the interest. If you have just lost millions (billions?), you don't take a gamble on a stock that will not show income for a couple of years. There are probably a few shares picked up for interest sake, but they are not being closely followed or monitored.
Also, don't forget that we are on the TSX-V, which adds a mystique of gambling all on its own. Being on the TSX at this point may not be enough either, as the information coming out would not be any different.
Patience and accumulation would be my recommendation, and it will be my motive. These stocks will have their day, once the market settles out later this year. In the meantime, more cores will be drilled and assayed, preparing for a return of the big money investors.
Bring them on, they can have some of my shares at about $30. Maybe.
IMHO