RE:RE:Take notice pumpers - retransmission Rubbish. Closeology and being a lifestyle company is what the SPMT team are all about. They spend mostly on maintaining mining claims and marketing. Almost nothing gets spent on actual exploration. Go look at their financial statements over the last 5 years. It's been the same story over and over and over.
I own shares in many exploration plays. I scrutinize management carefully before investing my money. I have been successful because of this.
Companies like SPMT are a bad investment for many reasons. And it's not because this company trades on the venture. It's a deeper issue with its management team.