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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

Comment by atchoukon Jul 12, 2020 8:57pm
89 Views
Post# 31258486

RE:RE:RE:Freegold T.FVL....

RE:RE:RE:Freegold T.FVL....Why don't we guys bombard Mr. Sprott withh such emais as follows:

Dear Mr. Sprott,
Why do not you take a look at Spanish Mountain Gold Ltd (SPA), an exploration stage resource company in British Columbia, Canada. This is exactly the type of the company you were talking about in your Weekly Wrap-Up on July 2, 2020, a huge low grade open pit deposit (4M of M&I ounces) which is still extremely undervalued – the Market Cap is currently about 33 million US dollars or 8 US dollars per ounce in the ground! According their presentation https://www.spanishmountaingold.com/site/assets/files/3368/spa_presentation_2020-03.pdf, a potential mine would be quite profitable even at POG of USD 1,275 (IRR 23%); at the current POG of USD 1,275 the IRR is 40%! It is really worth to look at.

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