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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

Post by Wangotango67on Mar 04, 2021 5:55pm
173 Views
Post# 32724100

Run the 2nd pfs with a spinout 1:1

Run the 2nd pfs with a spinout 1:1It would really super charge the project having a core pfs targeting main gold body.
And...spin out second company to mill the cons with upto .40/g tonne or .80/cubic with potential carbon black credits....?

1:1 share allowing a good payback for longs applied to spinout.
327/milliom shares minus insider percetage could translate to = around 200/million outstanding
for the spinout..Hey, insiders would profit enough with the amount of shares tied to a pfs # 1 - lol

Thinkmabout it....82% of ores just sitting there...with upto, .40/grams
That...in itself is a shhhhh load of gold...for someone....but who ?
What if spa got taken out just on a single pfs metric of - 1.2 million tonnes ?
Who inherits the waste ores with all that gold ?
Hello....wink.


Cheers....
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