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
Post by oxinoson Sep 19, 2010 4:37pm
707 Views
Post# 17466572

Sometimes we wonder where all the....

Sometimes we wonder where all the....Buyers are. In a recent interview Jim Rogers said this about gold. Gold is headed higher. The reason? Governments are printing money, and most people haven't invested in gold. I guess we are like pioneers, being the early investors in gold, and gold exploration juniors. I quote part of what Rogers said: “Rogers recounted that a few months ago when speaking to a room full of high-end money managers, they were asked how many of them owned gold. “Seventy-five per cent of the people had never owned gold, or silver. So you can see most people still do not own gold. For most people in the world gold is still an unknown entity,” said Rogers, Chairman of Rogers Holdings. "

Can you comprehend this? After 10 years or so of the gold bull, 75% of the high-end money managers do not own gold in any form, whether bullion or gold companies, gold ETFs, etc.
No wonder there is a lack of volume in most juniors. But things are going to eventually change. Because for a bubble to form, there must be a lot more people invested in it, and there must be mass hysteria. I recommend to anyone to read, or see the interview live, from the kitco site.
Bullboard Posts