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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 Wsaks00on May 17, 2020 10:06am
91 Views
Post# 31039500

RE:Prediction

RE:PredictionThe company has a 100% ownership interest in a confirmed and confirmed 4.1 million ounces of gold, with a Net Present Value of over $700m, and trading at a $23m market cap in a mining friendly jurisdiction. This project is about 5 years out from production.

Based on long term bull run in gold expected due to Unlimited QE, this mine may be coming online at or close to peak gold. a 10x bagger is a little light.

Dont run the price up on me too fast, I am not done accumulating.
Bullboard Posts