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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. engaged The Company is engaged in the acquisition, exploration and development of mineral properties. 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 skydanceron Jan 17, 2010 11:45pm
325 Views
Post# 16689271

Cost of production

Cost of production
Anyone have an  idea as to the approx mining cost for the Spanish Mt property ?
I think with the infrastructure in place and another producing mine just a few km
away that the costs would be much better than in a remote area.

Have been in this stock since the $ 2.00 price area and have not been concerned
regarding the drop in price. Will be nice to see the revised resource estimate.
Should be out this spring.

Looks like the buyer through IGT is aware of the true value. I understand they have over
10m shares so far.

I think with the present President's international connections that he could attract the $$
to develop the mine himself.

The high grade property about 100 km to the south could also show a good resource.
Bullboard Posts