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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canada-based junior resource exploration company. The Company’s primary projects include four projects in Clayton Valley, Nevada, such as the McGee lithium clay deposit, the Elon lithium brine project, Green Clay lithium project, and the Clayton Ridge project. Its other primary projects include the Perron-East gold project consisting of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of Northwestern Quebec in the direct vicinity of Amex Exploration Inc.'s Perron property and past-producing Normetal mine. It has three separate claim blocks in Nevada that are prospective for lithium known as the 880-acre McGee Lithium Clay Deposit. The Green Clay lithium project consists of 97 contiguous claims totaling approximately 2,000 acres, and the Clayton Ridge project consists of 35 contiguous claims totaling approximately 721 acres. Its Chibougamau vanadium project is located in the direct vicinity of Lac Chibougamau, Quebec.


CSE:SPMT - Post by User

Bullboard Posts
Comment by BoardWalk2015on Mar 21, 2017 2:03pm
50 Views
Post# 26009088

RE:Will they roll back?

RE:Will they roll back?
Ask yourself Why would Spearmint rollback? Weak markets, a low share price, a large number of shares outstanding, little or no cash and you have a company which is an idea candidate for a rollback Is the market weak? Hi trade volume, no. Low share price? Yes with 2 new acquisitions in the last 6 months. Large number of Shares outstanding? No, Under 150 million. Little or no cash? No cash is need, wait for a acquisition or offer a portional buy-in for work preformed per set criteria; such as PE has to spend 8 million of work and cash payments in the next 4 year's to acquire just 70% of a portion of Cyprus Development's property which is dissected by SRJ.V. , why would you pay 8 million + for a dissected property? You wouldn't, the McGee claim is cask in the bank which will provide Spearmint the option to develop or not the existing three properties which are also bordering properties with share prices in excess of 1,000%. This is easy pick, ignore the hype and pumps and dumps ploys of day traders ... I will post a link that will explain what to watch for in my next post, for now read this on Rollback's and don't allow the Pay Trolls to scare you away from a deal like SRJ.V . https://www.kitco.com/ind/Baker/20120418.html?sitetype=fullsite
Bullboard Posts