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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

CSE:SPMT - Post Discussion

Spearmint Resources Inc > Just my option
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Post by Oilseeker01 on Jan 11, 2021 10:58pm

Just my option

Hi all

I have read a lot of information on the subject of what will happen in the short time future, all very interesting.
One point to be brought forward if in the past when a company that splits out part of the main company, the existing share holders usually gets a percentage of what they own in free shares in the new company  Why do you think the number of shares went through with very little news.

Now as for what CYP has, wow is all I can say, but when I was young and a little dirt farmer in Sask. I noticed that after a heavy rain most of the good was washed down into the low areas in the field, now look at the elevations around the area in which we are talking about, SPMT is at the lowest part of the pond and this has being happening for many years, SPMT numbers are at between 1500 to 1850 and open on both side and depth where as CYP averages around 900 +, so when the numbers come out on the next several holes what do you think is going to happen (the numbers will be 1800 plus)
 
I thought I was wrong once, I thought about and guess what I wasn't
 
have a great evening
 
Year of the Profit, Oilseeke
Comment by doubleUU on Jan 11, 2021 11:10pm
Cheers! Agreed and staying tuned as well. Looking forward to where we go from here. I hate to throw out a fantastical number for this, but it's really hard not to with what SPMT has got going on, on many fronts. GL!
Comment by ErinBrockovich on Jan 12, 2021 7:43am
Oilseeker. Your analysis is flat out wrong. SPMT higher grade lithium intercepts are higher along short parts of the cores you are speaking of. Overall, the average grade of the lithium cores are well UNDER 800. Meaning, the grades indicated are not economic.  Be careful what you say. 
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