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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

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Post by Hope4Best779 on Feb 09, 2021 7:33pm

Cheap

Well at least the gold miners are cheap in this irrationally exuberant market. I don't think they will buy overprced juniors with resources though. They did that 10 years ago and paid the price dearly. Still don't think gold will do well until it breaks (by that i mean the bubbly market), Sooner or later earnings will matter. It gets closer every day. Everyone dissappeared here again better to buy when the board is exceedingly quiet, not pumped by those gold bug podcasters.
Comment by Wisedreamer on Feb 10, 2021 10:48am
My ACB is 0.45 ... 100K shares .... discouraging to see this drop like a rock every day!  
Comment by Richy7 on Feb 10, 2021 4:47pm
I'm happy to sit on my gold here, good project, much ounces. It's not the question if but when here. I will not post my real expectation here but am sure we will see unimaginable prices for SPA soon. Hold on here ! GLTA
Comment by silverfreakynew on Feb 11, 2021 4:03am
This story we heared since years.Maybe we are six feed under, when this will happen.
Comment by Hope4Best779 on Feb 11, 2021 6:23am
yes. nobody knows the future. There can be many different outcomes. However when everyone piles into a junior resource stock its most likely path is down after it rockets higher as all the buying dries up and selling replaces buying. Actually its all stocks not just junior resources but I think they are more susceptible to pumping and dumping.
Comment by Richy7 on Feb 11, 2021 1:30pm
Remember this stock was 0.055 last year, now 0.31. It already has had a great move up for me. And at least for the same reasons it will move much higher as gold will surely go to much higher levels imo. And imo nobody should be in this stock that does not expect much higher gold price. I love this stock, only regret not buying it at 0.01 years ago.
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