Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by oxinoson Apr 14, 2010 1:52pm
350 Views
Post# 16991173

RE: RE: Share price appreciation..

RE: RE: Share price appreciation..It is clear from the steps that management has taken recently, that they intend to move this company closer to being a producer. They have moved to a new address, and have hired the right people. They are focused in getting the PEA for the Spanish Mountain resource. As they move closer to this, the valuation will change from the ridiculously low valuation per ounce of gold to something comparable to other juniors at the same stage of advancement. I suggest you look at the link below:
https://www.goldminerpulse.com/blogs/junior-gold-explorer-valuations.php

Right now the resource is priced at the very low end of the spectrum. It's only logical that this discrepancy will be corrected by the market. The 140% increase is only the next stage. Eventually we will see even higher price appreciation.
Bullboard Posts