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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 Heywood_Silverson Jul 24, 2020 4:38pm
236 Views
Post# 31316822

RE:RE:RE:RE:RE:As we head into the last couple hours of the trading week...

RE:RE:RE:RE:RE:As we head into the last couple hours of the trading week...Normally, you are correct that outsized amounts of bids indicate the market makers are scrambling for shares at lower prices to match against the higher priced asks.  In today's case, I think it boiled down to Sprott on his weekly wrapup plugging his investment in SPA once again.

Many folks listen to the wrap up in the afternoon, so the feel of the market could change drastically by the afternoon.

Shares across the PM sphere were weak yesterday due to profit taking, but we've had our quick consolidation and now the shares look poised for another ascent come next week.
Bullboard Posts