Club Mulgoa

Thursday, December 30, 2010

SPM

No one interested in vanadium? Great write-up recently about vanadium's use in battery. SPM has a large undeveloped "world class" vanadium deposit. I put a low bid for it. Because it was at the trough, I didn't get all the shares I wanted. But it was a decent parcel. Today it is up 47% after just over 2 weeks.

Nice to gloat at the end of the year! But never follow a gasman blindly.... do your own research.

The BHPs and RIOs of the world would not rise like that unless a big deposit is discovered. SPM has ALREADY discovered its vanadium deposit; just under-valued and ignored or not visible by the funds with big money.

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