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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 Aug 10, 2020 10:44am
152 Views
Post# 31387172

RE:If I was invested in gold stocks for the last DECADE

RE:If I was invested in gold stocks for the last DECADEProblem is, you fall in love with your particular sector, be it real estate, tech or just the index funds.  Then, you fail to rotate out and into the gold sector and the juniors at the proper time.  I pick the best and stick with them and be patient for the payday.

Sure you can make (over the long haul) on average about 10% on general stocks per annum.  Ergo, $1 invested in year 1 would be about $2.50 a decade later, about 150% returns.  YAWN!!!!

I'll repeat again.....YAWN

Spanish Mountain has ALREADY risen from a nickel last year to almost 60 cents today, or about a 1,100% return. 

SIMPLE MATH there for you Hope4Best, or is that too simple for ya?!
Bullboard Posts