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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 > Run the 2nd pfs with a spinout 1:1
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Post by Wangotango67 on Mar 04, 2021 5:55pm

Run the 2nd pfs with a spinout 1:1

It would really super charge the project having a core pfs targeting main gold body.
And...spin out second company to mill the cons with upto .40/g tonne or .80/cubic with potential carbon black credits....?

1:1 share allowing a good payback for longs applied to spinout.
327/milliom shares minus insider percetage could translate to = around 200/million outstanding
for the spinout..Hey, insiders would profit enough with the amount of shares tied to a pfs # 1 - lol

Thinkmabout it....82% of ores just sitting there...with upto, .40/grams
That...in itself is a shhhhh load of gold...for someone....but who ?
What if spa got taken out just on a single pfs metric of - 1.2 million tonnes ?
Who inherits the waste ores with all that gold ?
Hello....wink.


Cheers....
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