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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 Sinbobon Jan 01, 2016 12:19pm
119 Views
Post# 24423708

RE:RE:RE:RE:RE:RE:Take Control

RE:RE:RE:RE:RE:RE:Take ControlI think once the naked shorting of the bullion by the commercial banks hits the dirt ... and it should start soon because how long can demand far exceed supply and the leverage on the COMEX be over 300 contracts for every ounce of gold? ... and China, Russia, India and others have bought over 27 tons of gold since 2008 at bargain basement prices thanks to the Fed. falsely suppressing the price? This has to end soon and when that happens I suspect the criminals will be well warned in advance to go long the bullion and the stocks. In the meanwhile, one thing one can do is hold the stocks in certificate form out of the hands of the banks and brokers. With the structure now in place to seize all property deposited in the banks via Bail-in legislation ... depositors are considered investors because they get interest. This is already happening in Europe so the writing is on the wall. People like Jim Sinclair and Sprott think the best way to protect oneself is to hold physical in a safe, accessible place. Think back to the last big run on gas in the 70's when all some gas stations would accept was silver coins. Anyway, as awkward as it is, holding stock certificates is one way to circumvent the system. Good luck all!
Bullboard Posts