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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 rockport1on Mar 03, 2010 3:04pm
283 Views
Post# 16839379

Beautiful trending stock chart

Beautiful trending stock chartOne thing that sticks out for me about SPA is the predictable trending trading pattern. If you look at the one year chart, you can see how SPA trades very consistently.  When the trend is up, it is very clear; higher highs, higher lows. Conversely, when the trend is down it is also very clear. <BR>
Currently, we are following this same pattern and now into a very clear uptrend. If the pattern holds, we should see one final push on high volume before hitting this short term peak, likely around
.60 (give or take 5 cents).  Timing wise, maybe it peaks during PDAC.  Comments anyone?  
Bullboard Posts