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Bullboard - Stock Discussion Forum EarthLabs Inc V.SPOT

Alternate Symbol(s):  SPOFF

EarthLabs Inc. is a mining investment, technology, and media company. It provides strategic leverage to the metals and mining sector through investments, royalties and a full suite of data-driven media software-as-a-service tools and services, including CEO.CA, The Northern Miner, MINING.COM, Canadian Mining Journal and DigiGeoData. Its Financial Technology Division (FTD) business vertical... see more

TSXV:SPOT - Post Discussion

EarthLabs Inc > Really strong quarter....
View:
Post by HenoftheWoods on May 31, 2021 11:57am

Really strong quarter....

Hello gang,

We had another really strong quarter!

Really, really nice to see the progress on the "in house" service side of things, with record consulting  revenues of 1.8 millions now well above expenses of 1.6 millions, 

Do not be fooled by the slightly smaller cash and investments line of 28 millions in comparison to their previous quarter, Next quarter is the one that will be TRANSFORMATIONAL, with a 10 million increase from raised cash and the near TRIPLING in value of their large position in New Found Gold + general increase in price of gold. That 28 million will look more like 60 millions at the end of Q2!

Anybody here knows what are the plans for Golden Planet? An IPO like New Found? It's still private with last financing at 50cts giving it a market cap slightly more than 25 millions, SPOT owns a boatload...

All in all, another great quarter for this exciting company.

Cheers,

Hen
Comment by HenoftheWoods on May 31, 2021 12:21pm
Consulting revenue up 92% and significant net income growth to new all-time records Toronto, Ontario–(Newsfile Corp. – May 31, 2021) – GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (“GoldSpot” or the “Company”), a leading technology services company leveraging machine learning to transform the mineral discovery process, is pleased to announce the three months ended March 31 ...more  
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