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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Spearmint Resources Inc > actual return on investment

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Post by Rake1956 on Feb 08, 2021 9:45am

actual return on investment

Just a quick question to the experts I have had SPMT for over a year and stuck with it hoping for big things to come. Looks like it was a good decesion to keep this stock. My question is when can and when will spearmint be able to actually start production and start making revenue from these test results. Thanks

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Comment by ErinBrockovich on Feb 08, 2021 10:04am

Do you mean for extraction of lithium from clay? That's a far way off. Many many pieces are needed to fit together. 1. Create a 43-101 for Li in Clyton. More drilling needed for that. 2. Apply for permits to extract Li from clay. And use an unproven chemical process to do so. Or develop an alternate technology. 3. Compete with other Li producers. Only viable once the price ...more

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Comment by Rake1956 on Feb 08, 2021 10:12am

Yep that is what I am asking just wondering if this is going to keep going up with the good news we have received. But after the good news settles in what then? I have seen this to many times after the news things usually drop back until more good news or profit from production. I Don't pretent to be an expert in this hence the questions.

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