Bullboard - Stock Discussion Forum 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... see more

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CSE:SPMT - Post Discussion

Spearmint Resources Inc > Cypress Development high of $1.91 today

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Post by GoodOutlook2015 on Jan 11, 2021 2:47pm

Cypress Development high of $1.91 today

over $2 tomorrow, be selling Cypress Development and buying 20:1 Spearmint

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Comment by teheran10 on Jan 11, 2021 6:27pm

what is the chance of SPMT getting to $1.90?

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Comment by CHAD2017 on Jan 11, 2021 7:01pm

Spmt doesn't have the proven resource yet. They have a few holes with some depth of good grade, but not the high grade the CYP has. They are waiting on the last 8 holes though and if something is found then it could be huge.

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Comment by teheran10 on Jan 11, 2021 7:54pm

Thank you for honest answer Chad

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Comment by doubleUU on Jan 11, 2021 7:01pm

I won't throw an arbritrary guess out there since no one could tell you with certainty... But... If we're thinking about the likelihood of $1.90, SPMT would have to be valued at 2x CYP because it has nearly 2x outstanding shares. As of right now, CYP hasn't even reached it's full market value yet. With a lot of excitement for CYP, and impending news we're all waiting for ...more

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