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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 Heywood_Silverson Oct 20, 2021 12:27pm
215 Views
Post# 34027454

RE:RE:RE:Ideas while we wait ....

RE:RE:RE:Ideas while we wait ....Funny you should mention 1929, we all know what happened after that.  What were the best equities to own during the ensuing Great Depression?  Yes, they were the gold stocks.

History will repeat itself and just wait until the reversion back to the gold standard occurs.  People will be kicking themselves when they realized they could've had 30,000 shares of SPA instead of that one share of Amazon they bought.

PS  Since you mentioned DSV, I have that in my portfolio as well as SSV.  If it takes more than 5 shares of SSV to buy one share of DSV then I would lean towards SSV.  Recently we saw DSV dip under $1 and I probably should've picked up more as it will be THE stock to own in the silver sphere.  1 billion ounce ag equivalent boggles the mind......and open in all directions!  It is to silver what WRN is to gold, gotta have them both in your portfolio.
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