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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 Stockmoves1on Jul 04, 2022 3:00pm
330 Views
Post# 34799874

RE:RE:RE:RE:anybody planning to pick up this fallen angel ??

RE:RE:RE:RE:anybody planning to pick up this fallen angel ??Cash is King, Fear is high, juniors are in the doghouse but like any sector when it gets oversold enough eventually the risk/reward just gets too high to ignore and you will get a relief rally.. one of the bigger issues I see is how long will gold lose its shine??? time to look a little closer at the feasability study and see what numbers we are talking about.. I would like to see how many ounces and what the average grade is.. I did see they were forecasting a 150k oz/yr and a cost of producing in the 1800's.. what is the profit picture looking like over the lifespan at 1800$.. can anyone clue me in?? thanks in advance.
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