Washington 100g/t Au plus, page-12

Once SPX decides to exercise its option over the Washington Gold project which should not be far away the market cap will rerate significantly IMO . As the company stated in the last update “ it is on schedule to complete its due dilligence period within the 3 month exclusivity period !”

Historic drilling has definitely thrown up a large number of high grade drill intercepts and further exploration could reveal further mineralisation. This could be a company making project for SPX and with a market cap of 6 odd million it represents great value IMO and with successful exploitation of existing veins and the possible discovery of new veins this could easily cap the company @ 50-100mill ( 10-20c) depending on dilution . Gltah