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Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Metals & Mining Gold
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

Spanish Mountain Gold Ltd
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(11)
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Comment by goldwillrockon Mar 03, 2014 8:27am
341 Views
Post# 22271718

RE:The price of gold could breach $1350 this week

RE:The price of gold could breach $1350 this weekThe price of gold finally breached $1350 this morning ($1351.50).  At $1350 gold SPA has NPV of $226 million, and at  $1462 the NPV is $454 million. Total cash cost of mining for the first three years is $526/Oz, and $774/oz life of mine.
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