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Bullboard - Stock Discussion Forum 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... see more

TSXV:SPA - Post Discussion

Spanish Mountain Gold Ltd > Ideas while we wait ....
View:
Post by Parth77 on Oct 18, 2021 7:26pm

Ideas while we wait ....

Hello All Longs!

Just throwing this out there for fun.  

Currently I am holding SPA, NRG & DSV as my leverage plays to what (I think) is going to be a massive run in precious metals when the Stock market's 'excessive optimism/leverage/HUGE P/E ratios' all fall back to long term historical levels ....

Just curious ... any other suggestions?

Thanks.
Comment by Diggingdeep101 on Oct 19, 2021 12:09am
FVL.v
Comment by Bluetick on Oct 19, 2021 7:25am
BYN and MAI will be good ones too......Bluetick
Comment by Parth77 on Oct 19, 2021 6:54pm
Thanks so much.  I'll take a look.
Comment by Diggingdeep101 on Oct 19, 2021 8:16am
Surge copper Corp is another, lots of mineral in the ground. 
Comment by Parth77 on Oct 19, 2021 6:53pm
Thanks.  I'll take a look at that one.
Comment by Heywood_Silvers on Oct 19, 2021 9:55pm
I'll throw a couple suggestions of what I am continuing to add to my portfolio: ATC and MAW are trading at the lowest levels I've ever seen them at, little to no risk at this juncture with major upside.  MAW should be spinning out their Aussie assets into a spin co in a few months to boot. If you want a rock solid, sure bet, go with WRN.  I peg them easily at double digits in a ...more  
Comment by Parth77 on Oct 20, 2021 12:26am
Thanks Haywood.  I will take a look at all of them.  Seems crazy to me that the 'smart money' is still moving into stocks like Tesla & Amazon ... these P/Es are INSANE (1929 anyone?). However, I guess so long as there is an unlimited money supply the money is going to chase prices higher and higher. I just 'hope' that some form of reality sets in some time soon ...more  
Comment by Heywood_Silvers on Oct 20, 2021 12:27pm
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 ...more  
Comment by Parth77 on Oct 20, 2021 6:29pm
Thanks Haywood.  SSV - Good looking pick!  Thanks for the heads up on it.  
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