RE:This is weak pumpn'dumpWhatever it is it's not a company you can compare to any Jr resource exploration play. The variables suggest what you have labelled it. I noticed the company is in Clayton Valley lithium district. The drill program intercepted "lithium" then they pack up and leave? Water rights are the issue there. Looks like CYP is in the process of a JV to acquire water rights. SPMT is next to CYP. My guess, SPMT will go back to Clayton Valley if lithium gains momentum in 2019. The major markets loved the lithium producers, could breath new life into the Jr's in the space.
If SPMT is what you say it is, they will pump the lithium play again hoping for a bump in price by announcing a "work program" which may or may not happen. It appears they show-up on the cusp of an area play discovery, do as little work as possible to pump themselves as part of the area play. Brutal VSE old-school tactics to scam the unsuspecting retail investor. Sad the BCSC, IROC, CSE, TSX.V etc continue to let these types of activities continue.