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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 08, 2021 2:53pm
178 Views
Post# 32744873

HOW HUNGRY IS - OSISKO ?

HOW HUNGRY IS - OSISKO ?- Osisko royalites - owns lots of Cariboo lands.

- Osisko Dev - runs the Cariboo mine + Bonanza mine
- Osisko Dev - is sparkign up the Bonanza first 2022 - then...Cariboo by, 2024.
- Cariboo - has over 3 million ounces
- Cariboo ( barkerville ) is an underground mine  
- Osisko Dev - is increasing the QR gold concentrate plant to 6,000/t/day- Likely B,,C,
- this size of concentrator far exceeds thier own operation for Cariboo district.

- Kore - just did a spinout with their claims into - Korus mining
- Kore kept its core Cariboo assests under Kore
- Kore has seen some very nice god drill results
- Kore is in same vicinity as, Spanish mountain
- Kore has underground potential - some dril lhits are quite deep
- Kore also has seen shallow gold occurences

- Spanish Mountain - wants ot be shovel ready by 2021 summer
- Spanish is far more developedthan Kore
- Spanish has more gold than Kore
- Spanish is above grade gold -  open pit mining
- Spanish has performed a good 28 drills recently ( not included in pfs )
- makes one wonder if another wants ot confirm the grades on Spanish.


- Osisko Dev is a fresh spinout by - Osisko
- Osisko Dev - has - 119/million shares out
- Osiso Dev - had a high of -  $8.90/sh in 2020
- Osisko Dev - now sits at - $7.84/sh - 2021

- Osisko Royalties - hada high of -  $17.19/sh - 2020
- Osisko Royalties - now sits at - $13.53/sh - 2021
- Osisko Royalties has - 167.million/sh out


Makes one wonder what Osisko is thinking -
given they're the largest land holder in this Cariboo region.
Big miners... need to constantly keep the wheels moving.
Gold mined and constant grow...

Just what is Osisko thinking ?
Better yet... what is Spanish Mlountain, thinking ?

Ohhh... the suspense.
Perhaps Spanish could  provide shareholders with an overdue - update ?


Cheers...



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