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Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city of Williams Lake. The Company does not generate any revenue. The Company's wholly owned subsidiary is Wildrose Resources Ltd. (Wildrose).


TSXV:SPA - Post by User

Bullboard Posts
Post by Rocks123on Mar 10, 2013 4:56pm
286 Views
Post# 21108088

Bottom Fisher -

Bottom Fisher -

Well, here is another unbelievable value play assuming you like the prospects for Gold and Siver. If only they can find away to raise the capex of $750M to put this into to prouction. The problem is the dilution effect that will transfer value to the new investor is going to sting unless they can find a non dilutive solution.

 

On a side note, the opportunities in the junior gold sector I see today come once in a lifetime. Very few will realize it until well after the fact. Give me $2B and lets go shopping. Who needs exploration companies when the goods are sitting on the shelf with for sale signs on them.

 

Giddy up go!

Bullboard Posts