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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 > PG 15 - Spanish Mountain Corporate Presentation
View:
Post by Parth77 on May 27, 2021 12:12pm

PG 15 - Spanish Mountain Corporate Presentation

Just inviting all longs to share these numbers with friends, family & network.  If gamestop can do what gamestop did with a push from grass roots investors then we should be able to get something done here with these numbers ...

These numbers all come from SPA's corporate presentation, pg 15 with the title: 'Invest in SPA = Value"

Marketcap/Net Asset Value (5% disc) <.15

WOW!  THAT IS CRAZY LOW!

Marketcap per RESERVE oz <$35

In one of the most stable juristictions in the world this is crazy low.

Post-tax Free cashflow from Operations @ $1600/oz
>120M/YR or $1.7BILLION LOM.

And our market cap is what????

This may be one of the most undervalued plays in decades.

Get the word out, make your family and friends and acquaintences some money!
Comment by IgnacioCashmere on May 27, 2021 8:25pm
Gamestop had one of the highest short percentage s in human history, that is why, & only why, they succeeded. All of their other Reddit "storm the castle" were pebbles cast in to a lake, a brief wave that was quickly absorbed. It wont work here or elsewhere because it was all about cornering people, the huge shorts, not talking up a winner. If you believe verbal pumping is what makes ...more  
Comment by Parth77 on May 28, 2021 1:19pm
LOL ... IgnacioCashmere ... your response completely misses the point .... This is NOT a short squeeze.  This is a bonafide asset/resource in the ground trading at a phenomenal discount. Volume is VERY LOW right now and it would take VERY LITTLE money to move the stock price. However, it is not about a short term price move.  It is about helping friends and family benefit from the ...more  
Comment by IgnacioCashmere on May 30, 2021 12:16pm
You brought up gamestop as an example, not me. Junior mining is filled with dozens of undervalued, unnoticed, about to break out, on the cusp of a rerating miners & Spanish Mountain is just one. All they need is a grass roots "talking up", with friends & family. Talking up did not make gamestop succeed, talking up wont make Spanish mountain break out. The hard, cruel, black & ...more  
Comment by Earlyone_1 on May 30, 2021 8:46pm
What did move us up after years of being in the doldrums was Sprotts' involvement. If it weren't for him taking a very large position , we would still be trading under .10 cents. Any chance he increases his position ( he asks..... tongue in cheek )
Comment by Parth77 on May 31, 2021 11:13am
I did bring up gamestop ... but not as a short squeeze simply as an example of people buying and that buying affecting a stocks price.  The price of this stock is related to news, the price of gold etc ... as you mentioned. However ... It is also related to how many people buy and hold shares. WIth our volume SO low it would not take that many new dollars to move the stock. Look at the bid ...more