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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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Post by oxinoson Mar 20, 2019 7:06am
131 Views
Post# 29509590

New Reason to Hope?

New Reason to Hope?Anna Golubova's article:"Gold's  $1300 Is The New $1200 As Central Banks Embrace De-Dollarization -Scotiabank"
If that actually happens to the price of gold, then Spanish Mountain's project becomes viable. Spanish Mountain used $1250 gold price in its PFS. If they can find a way to lower the base price a little it will add even more value. There is some reason for hope.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities