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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

Comment by Notmyfirstrodeoon Feb 17, 2021 1:43pm
186 Views
Post# 32586079

RE:It’s About the Lithium...

RE:It’s About the Lithium...The lithium resource they have will take years to develop if it ever does get developed so lithium prices today are not relevant. If they sell they'll get some cash to keep going but this company will not be mining. They've had a great run with this but it doesn't fit their business model, pump and dumps work best from lower valuations so expect this to drop and keep dropping. This management group has been investigated before so this is a great show for CSE but they will not be wasting their hard earned money on a lot of exploration. 
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