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Bullboard - Stock Discussion Forum Spearmint Resources Inc SPMTF


Primary Symbol: C.SPMT

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

CSE:SPMT - Post Discussion

Spearmint Resources Inc > This is a scam!
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Post by Paray99 on Nov 16, 2022 9:16am

This is a scam!

I was under big scope for this company at first place and after their drilling for gold near the NFG property, I realized it is all a scam. 

these guys just acquire a small property (by small, I mean really really small), and try to pump it up. Since they don't have any good geologists (or it doesn't matter for them as it is a scam anyway), there is no fundamental reasoning for their drill locations. And we saw the results from those gold drill holes. These was literally nothing.

Their lithium play is also very similar to this. since lithium occurrences are bit more spread out than concentrated gold plays, their drill holes will show up something. But, at the end, they need someone to buy this out. Nobody will buy it, since big players knows these guys will simply exit the scene once they cannot fund this! 

I lost a big chunk by investing in this, so I looked into their history and there is nothing that convince us to hold on to this. It's management has no merits so far!

Comment by slyder3 on Nov 16, 2022 9:53am
Agreed,if I was to pickup any of this it would be for three Clayton  Valley Lithium claim. That's the only one that interest me, but a more advanced project next door is CYP and its move will be coming soon enough. Like Marathonrunner2 says" 4.5 cent is coming?". Once CYP gets permits and their " Bankable FS " released this may be a 5- 6-7 bagger but til then ‍.   ...more  
Comment by PeterThomas on Nov 19, 2022 3:33pm
They will issue false and misleading NRs, spend very little on any drilling, pay themselves well with free shares.
Comment by PeterThomas on Nov 26, 2022 7:56pm
They have a winning formula to fleece investors.  Misleading NRs and lies.  That is all investors get from management.
Comment by diamondlessnono on Nov 29, 2022 11:54am
Peter over a million option shares. For 1 yr OCT 31/22 TO OCT 31/23. So i think there will be a run so ur so call scam is true.