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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canadian junior resource exploration company. The Company's principal business activities include acquiring and exploring exploration and evaluation assets. The Company's Clayton Ridge project in Clayton Valley, Nevada, is comprised of 12 contiguous claims totaling approximately 248 acres. The Company has three separate claim blocks in Nevada that are prospective for lithium known as the 1,136-acre McGee Lithium Clay Project, the 124-acre Green Clay Lithium Project, and the 280-acre Elon Lithium Brine Project, covering an aggregate area of 1,540 acres. Its 3,015-acre Chibougamau project is composed of four separate claim blocks and is located in the direct vicinity of Lac Chibougamau, Quebec, Canada. Its 100-per-cent-owned Perron-East Gold Project consists of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec.


CSE:SPMT - Post by User

Bullboard Posts
Comment by BoardWalk2015on Mar 21, 2017 2:03pm
53 Views
Post# 26009088

RE:Will they roll back?

RE:Will they roll back?
Ask yourself Why would Spearmint rollback? Weak markets, a low share price, a large number of shares outstanding, little or no cash and you have a company which is an idea candidate for a rollback Is the market weak? Hi trade volume, no. Low share price? Yes with 2 new acquisitions in the last 6 months. Large number of Shares outstanding? No, Under 150 million. Little or no cash? No cash is need, wait for a acquisition or offer a portional buy-in for work preformed per set criteria; such as PE has to spend 8 million of work and cash payments in the next 4 year's to acquire just 70% of a portion of Cyprus Development's property which is dissected by SRJ.V. , why would you pay 8 million + for a dissected property? You wouldn't, the McGee claim is cask in the bank which will provide Spearmint the option to develop or not the existing three properties which are also bordering properties with share prices in excess of 1,000%. This is easy pick, ignore the hype and pumps and dumps ploys of day traders ... I will post a link that will explain what to watch for in my next post, for now read this on Rollback's and don't allow the Pay Trolls to scare you away from a deal like SRJ.V . https://www.kitco.com/ind/Baker/20120418.html?sitetype=fullsite
Bullboard Posts