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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

Comment by DouglasFir2on Feb 12, 2021 7:45am
150 Views
Post# 32549906

RE:RE:Beware!! BS Pumping Troll = Heywood Silver

RE:RE:Beware!! BS Pumping Troll = Heywood SilverHi Heyword.;I was a long term holder like you and was buying in the depths. I posted last Aug on some concerns I had on SPA and I lightened up considerably. My view then was that SPA would drift downwards to in the 20¢;-30&cent range with the future price dependant on finding more ozs and the POG. Don Durrett's view is that gold is in for a repricing, after falling to the $1,600-1,700 range with the coming shakedown. Unless there is a flow of positive news one would expect the share price to drift down although there is a backstop based on the company's liquidity. It has many $m in the bank. If gold takes off to $2,500 as DD expects and SPA finds more ozs, then clearly there will be a repricing
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