If you haven't had a listen to the Noront AGM, I suggest that it might be a good idea: a strategy is being hatched which will likely impact SPQ's share price in a very positive manner.

http://www.vcall.com/IC/CEPage.asp?I...

Neil Novak impressed me at the AGM. He speaks intelligently, he knows his geology, and (when you listen to the AGM) he knows his $$$$. Clearly he is a very important Noront Director and well respected by Richard Nemis. This personal association is the first key point.

The second key point was outlined by Mr. Nemis: working with other juniors (SPQ, FNC, FWR, and PRB were mentioned), Noront will work as the "lead operator" to create a McFauld's area play. Options will be taken on each other's properties will mean that all of the players will be working together to maximize shareholder value.

The third key point is that mining majors (XSTRATA, CVRD, Diamond Fields were all mentioned by Novak) and major individuals have been calling and visiting "the ring of fire." Therefore, upcoming drill results by any of NOT, SPQ, FNC, FWR, or PRB. will further whet (sharpen) their appetite.

Finally, I sense that Neil Novak has been spending a great deal of his time busting his butt working with Nemis and Noront in order to present "a package" to the majors. SPQ is an integral and important part of this package. It has a large land area as part of "the ring of fire", which is very valuable.

SPQ's share price is a STEAL. Take advantage.

Snug