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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 Max2228on Dec 03, 2018 1:06pm
88 Views
Post# 29055147

Price of gold rising, gold juniors popping!

Price of gold rising, gold juniors popping!It seems as though the bottom of this chart is finnaly forming at 5 cents. A few massive sell orders went through last week, and now with price of gold rising again I think it is only a matter of time before SPA hits 10 cents and above. A play like this requires patience, timing, and even more patience. 

 SPA sent this E-mail to an investor (-thebiglebowski) last week
"We are awaiting results from various consultants and laboratories.  As soon as they are received, we will announce them with a news release.  Since we completed a number of programs covering different areas, we anticipate reporting results over a span of a few months."


We should be getting news from the company very soon, anyone selling at this point is a fool IMHO. If you are a true value investor, you would see how oversold this stock is, and it truly has nowhere to go but up. 
So either sell now for a loss, or wait a few more weeks for some great potential upside.
Good luck to everyone!

Cheers.


Bullboard Posts