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Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canadian junior resource exploration company. The Company's principal business activities include acquiring and exploring exploration and evaluation assets. The Company's Clayton Ridge project in Clayton Valley, Nevada, is comprised of 12 contiguous claims totaling approximately 248 acres. The Company has three separate claim blocks in Nevada that are prospective for lithium known as the 1,136-acre McGee Lithium Clay Project, the 124-acre Green Clay Lithium Project, and the 280-acre Elon Lithium Brine Project, covering an aggregate area of 1,540 acres. Its 3,015-acre Chibougamau project is composed of four separate claim blocks and is located in the direct vicinity of Lac Chibougamau, Quebec, Canada. Its 100-per-cent-owned Perron-East Gold Project consists of five mineral claim blocks covering 11,608 acres located in the Abitibi greenstone belt of northwestern Quebec.


CSE:SPMT - Post by User

Comment by Notmyfirstrodeoon Oct 27, 2022 1:30pm
128 Views
Post# 35053691

RE:Wow SPMT has zero volume today!

RE:Wow SPMT has zero volume today!

This is how these companies work. I just don't see how anyone could miss this if they did any research on them. Won't be much activity until spring or summer now and then there may be another big promotional push to get things moving again. By moving I mean collecting money from new investors so they can repeat the cycle. There might be a good entry point if the stock gets cheap enough but only for a quick flip since they will never develop a project. They may unload their lithium property if they can find a buyer or it may become worthless. Battery technology is moving very quickly and lithium may lose much of its value and will lose much of its value if some problems with other technology can be solved and scaled up. 

 I matter what happens this company is not a long term hold and with luck present investors can unload on future investors and at least break even. 

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