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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
Comment by skydanceron Sep 16, 2011 8:28pm
325 Views
Post# 19052739

RE: RE: ... latest kick in the head

RE: RE: ... latest kick in the head
Many times when someone leaves a company like Halas did, they have to give up their
options. Therefore when you see that Halas sold on the insider trading site, it does not
actually mean that he received any money for his option shares, as usually they are
cancelled but still have to be recognized by the SEC due to the fact that they were
issued in the first place.
In reference as to when is the stock is going to reach $1.00 . It will when they want it
to. As for myself the stock has a value of $ 2. to $ 5. I think that the group who are
buying through " ITG " also feel the same .
It will be interesting to see what the next report will do to the share price. In my opinion
it should  add 1 or 2 million oz to the total. Don't forget, every 1 million oz means
an extra $ 1,800,000,000 minus costs, and thats better that a kick in the rear
end with a frozen boot.
Bullboard Posts