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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 CamPieon Feb 12, 2021 2:55pm
115 Views
Post# 32554878

RE:Fundamental datas?

RE:Fundamental datas?No fundamentals? What? Maybe it hasn't hit the balance sheet yet, but they are sitting on a $900,000,000 net present value asset (at around $1,800 gold price. previous PEA utilizing only a portion of the discoverey).

The current market cap is $100,000,000

Some deep pockets could come along with $500,000,000 paying $1.5 per share and still make off with $400,000,000 extra after they are done with the mine.
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