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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 Heywood_Silverson Feb 12, 2021 5:03pm
102 Views
Post# 32556168

RE:Heywood Silvers

RE:Heywood SilversTHank you - I always encourage investors to do their DD at the company websites:  reviewing the investor presentations and the financials, etc.

SPA was one that ticked all the boxes for me:  way undervalued, large resource size with potential blue sky upside, safe jurisdiction, agreeable capital structure, insiders with a goodly stake in the company, investor-friendly website, etc.

I encourage all investors to determine what their flavour of investing is and stick with it.  Shotgun approaches work well at the top of a bull cycle, but setting yourself up years in advance is the best way to win the battle.

Speaking for myself, I want the juniors with huge upside and who have been around the block once or twice.  I want to see 10 baggers.  Nothing wrong if you want something a bit more stable and safe such as a producer, but I like the mantra my wifey once told me:  go big or go home.  I'm looking for home runs, not singles here!!
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