I found this on KWG web site but it is important for SPQ also:

Most significant chrome discovery in North America
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Freewest believes the Black Thor deposit itself is capable of holding 72 Mt of ore, at a value of approximately $29 billion .
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The Big Daddy deposit appears to hold similar grades , widths and depths, making multimillion tonnage ore deposits along the 14km strike length a probability.
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The ‘Ring of Fire’ area chromite mining assets could be worth $100 billion or more . (from Middelkoop Discovery article – Feb 7, 2009)

So let see what we have if take only 26,5% from this value:

26,5 % of $29 billion is $7,685 billion. And divide this with 600 million of shares, then I come to number like this 12,8$.

So, please can somebody explain to me from you why do you think that SPQ will not come out with great report from let say 200 M$ and then even with this we should easily come to 0,4$. If somebody knows this(CLF) then it will be better to make offer earlier then this report. And those are facts and not pump and dump like many soft bashers lately are saying here on this hub. I am not speaking here about 10$ pps like in NOT hub but some realistic value and that is above 0.3 for sure even with so many shares out.

Good luck to all SPQ shareholders!