Spanish Mountain Gold Ltd V.SPA

Fundamental datas?

[silverfreakynew]

There is no reason why spanish mountain was some weeks ago about 50% higher.
And when there was a reason tell me.
Those stocks are in the hands of speculators and insider.Fundamental datas are not useful.
Gambling stocks.

[Richy7]

I dont blame you for gamble but for me its a investment as I expect a much higher gold price and a great flow of buying into mining shares. The price got to the 0.70 for the biggest part because of 1 big investor, not because of a crowd. I wait for the crowd, I wait for my taxi driver telling me about gold mining stocks. GLTA

[CamPie]

No fundamentals? What? Maybe it hasn't hit the balance sheet yet, but they are sitting on a $900,000,000 net present value asset (at around $1,800 gold price. previous PEA utilizing only a portion of the discoverey). The current market cap is $100,000,000 Some deep pockets could come along with $500,000,000 paying $1.5 per share and still make off with $400,000,000 extra after they are done

[Richy7]

At 1800 gold the company will make much at least 3.000.000.000 for their 4 million ounces. ( asuming they are profitable at 1250 goldprice: 4.000.000 750 profit = 3.000.000.000 )