Bullboard - Stock Discussion Forum 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... see more

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CSE:SPMT - Post Discussion

Spearmint Resources Inc > Cypress Development high of $1.91 today

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Post by GoodOutlook2015 on Jan 11, 2021 2:47pm

Cypress Development high of $1.91 today

over $2 tomorrow, be selling Cypress Development and buying 20:1 Spearmint

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Comment by teheran10 on Jan 11, 2021 6:27pm

what is the chance of SPMT getting to $1.90?

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Comment by CHAD2017 on Jan 11, 2021 7:01pm

Spmt doesn't have the proven resource yet. They have a few holes with some depth of good grade, but not the high grade the CYP has. They are waiting on the last 8 holes though and if something is found then it could be huge.

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Comment by teheran10 on Jan 11, 2021 7:54pm

Thank you for honest answer Chad

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Comment by doubleUU on Jan 11, 2021 7:01pm

I won't throw an arbritrary guess out there since no one could tell you with certainty... But... If we're thinking about the likelihood of $1.90, SPMT would have to be valued at 2x CYP because it has nearly 2x outstanding shares. As of right now, CYP hasn't even reached it's full market value yet. With a lot of excitement for CYP, and impending news we're all waiting for ...more

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