RE:NFG hits huge gold drill results, SPMT has closest property!LAB is up 10% on today's news from NFG ... but SPMT is unchanged. I have positions in both. It appears that the market believes there is a good chance that LAB is on trend with NFG's recent discoveries ... but not convinced about SPMT. With the great drill results reported by NFG, there could be riches to go around to others who have staked in the district. It appears that SPMT is simply coat-tailing it ... but IMO there is no shame in that. If drilling continues to produce great results, then there is a good chance that a major will enter the scene ... and pour a lot of money in the area. No guarantees for Labrador or SMPT ... but you gotta be in it to win it ... and they're both in the area.
Disclosure: I own shares of LAB and SPMT, just my opinions (do your own due diligence), not investment advice.