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Bullboard - Stock Discussion Forum 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... see more

TSXV:SPA - Post Discussion

Spanish Mountain Gold Ltd > Warrants & Options
View:
Post by Parth77 on Oct 13, 2020 3:54pm

Warrants & Options

Just want to do a shout out for our management.  Over the past while we have seen insiders exercising their rights to expand their holdings of SPA.

What I find tremendously interesting is that NONE of them have been selling any of their stock despite us being up several hundred percent since the summer ....

Anyone want to guess why they are not selling their .05 cent shares at .45 cents ....????

Maybe ... just maybe ... they are pretty sure that they will be able to sell for more down the road?
Comment by Earlyone_1 on Oct 13, 2020 5:22pm
Exactly correct... I have pointed out several times that Insiders have not sold any shares during this run up in price. Having said that though...Sprotts initial PP 4 month hold period will be up in mid November. Lets see what he ends up doing.