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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
Post by Everett06on Oct 11, 2020 7:02am
155 Views
Post# 31702120

WHERE IS THE GOLD PRICE GOING?

WHERE IS THE GOLD PRICE GOING?
Irregardless of who wins come Nov 3rd, extensive stimulas is the only real thing they will do and it will come in the trillions of US$. The only one thing Republicans and Democrates are aligned is to keep spending money the country does not have. Interest rate is already near zero and will stay near zero for years to come and going negative may be possible too. Gold  will response accordingly by going up. There will be volatilities for sure but gold is already entrenched in a multi year long up wave.  I will be surprised if gold is not at US$2000 or more by year end.
Bullboard Posts