EarthLabs Inc V.SPOT

Quarterly Results - Expected this Week!!!

[good2grow]

What we have all been waiting for, the quarterly results. Spoke to SPOT PR team - they anticipate that they will be out on the 8th. Key word, anticipate - regardless, they are coming! Hold your boxers - this baby is about to fly! Better grab some more in the .40s while you still can!

[QuestionGuy]

Can't wait!

[good2grow]

Oh yea - we crushed it

[HenoftheWoods]

GoldSpot Reports Record Earnings and Provides Corporate Update   TORONTO, ON – April 8, 2021 – GoldSpot Discoveries Corp. (TSXV: SPOT) (the “Company” or “GoldSpot”) is pleased to

[HenoftheWoods]

After another blowout quarter, we shouldn't stay in the 40ct range for too much longer. This report is very very strong. Sequential growth intact, which is great to see. Year over year, growth accelerating. I think the market is having a bit of trouble valuing a company that makes so much money from its assets, but eventually it will clue in. We're currently sitting on 30 million

[HenoftheWoods]

Short video about earning and future from management, worth watching. https://m.youtube.com/watch?v=4TG-8hIa5m0

[goldbug06]

Thanks for sharing! I re-opened a position in GDDCF (US: OTC) early this morning and profited from the day's 25.79% upward move here in the U.S. I'm glad Gold Spot was on my radar!

[BCdude]

Well stated, Hen. The share price is moving now, and I'm glad it took a few hours to spark some life. I managed to double my position this morning at $0.405. The other thing the market has been grappling with is understanding the company. They read "Goldspot" and probably think it's just another gold junior, many of which have been under pressure due to the falling price of gold

[HenoftheWoods]

Hi BCdude, Hope all's well with you. Nice to see you took advantage of the (irrational) selling on the news this morning. So did I; I also added (100k shares) at an average of 40.5 cts around 9:40 am. I'm comfortable holding a large position here (considering I've never sold a share and started buying a year or so ago). It's funny that you would mention the name... I'

[BCdude]

Hi Hen, Nice you managed to take advantage this morning. It's kind of nice not having the immediate run-up following stellar news. You must have quite a position now. I'm small-time by comparison, but with 41,000 shares it's my second-largest microcap position after UGE. I sold most of my KNR yesterday. The tech they've developed still has potential, but they've been dropping

[compoundX]

Hi Hen, I like the idea! If they could somehow work battery metals in there too that would be good considering their latest copper partnership.

[Optional]

They are invested in Group 10 Metals (PGE), which gives them exposure to Battery metals, as well as Platinum, Palladium, Rhodium, Gold. A resource estimate is due in this q, or early 3rd q.  Have an eye on that one too. Their next door neighbour is the South African giant, Sibanye, who paid $2.2B for the adjacent property at Stillwater in Montana, hosting 3 mines.

[compoundX]

SPOT or WIN?

[good2grow]

WINs numbers are trash. Though the hype machine continues to allow it to rise. Will see it's maker at some point.  SPOT is on the other spectrum, book value is incredible but for some reason - no hype, no eyes on spot. This must change eventually! 

[Optional]

Compoundx, I was referring to SPOT https://grouptenmetals.com/news/2019/group-ten-closes-oversubscribed-private-placement-financings-including-investments-by-sprott-asset-management-and-goldspot/

[compoundX]

Awesome company, growth company, soon SaaS offerings....bit of everything.  When I look at them and their PE of ~3 vs WIN non-existant 0 PE and price to revenue of 47, it is clear the two companies are being valued differently.   I wouldn't put my money in a small company at those multiples....with SPOT you get VALUE.