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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 opagangnamstyleon Jan 09, 2017 9:56am
172 Views
Post# 25682483

RE:Most recent Balance Sheet

RE:Most recent Balance SheetBecause of the low grade I view SPA like a call option on gold, once the gold price breaches $1400 SPA will have an immense leverage to the upside. I'm biased on the stocks since I have accumulated a lot during last year (GAV 14 cents).
Bullboard Posts