SPMT.CN stock -33% to C$0.005 on CNQ: watch liquidity and catalysts

SPMT.CN stock fell sharply in market hours, sliding 33.33% to C$0.005 on heavy volume. The decline came on 1,013,000 shares traded on the CNQ in Canada, well above the 45,554 average. Traders are pricing extreme liquidity risk into Spearmint Resources Inc. (SPMT.CN) after a steep, intraday sell-off and continued weak fundamentals.