3) Spanish Mountain Gold - The tale of 2 emerging
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Posted On: 10/08/2025 1:02:37 AM
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3) Spanish Mountain Gold - The tale of 2 emerging gold producers ................................
It is the best of times, it is the worst of times. It is the best of times in planning for the 2027 build, producing 4 million ounces of proven gold reserve and 6 million ounces of proven silver reserve while precious metal prices are in an eternal rise. It is the best of times to follow up with a 10,000-meter drilling on April's high grade gold results. It is the worst of times that some impatient skeptics are dumping their shares and causing share price suppression but it is the best of times for SMG believers to accumulate cheap shares.
But the sellers don't have unlimited number of shares to sell, when selling is depleted, share price will accelerate upward. Somehow there is a silver lining in the selling: It increases liquidity and eliminates ugly bashing among late comers whose motive is to shake shares off the weak hands amid supply shortage. But diminishing selling will also end buying opportunity for cheap shares. It happened to 1911 Gold whose share price had been suppressed FOR ONE FULL YEAR due to relentless selling of the 6-cent subscribed shares by the financiers plus the selling of their 10-cent warrant converted shares totaling 120 million shares. They were not long term investors but short term traders. Adding insult to the injury is the relentless short selling with 7 million short volume.
In response to my inquiry about the relentless selling by anonymous sellers, 1911 Gold's CEO Shaun Heinrichs wrote: "There is something working against us, some financiers have exercised their warrants, they never intended to hold their shares for long term investment ....... I will never do such public financing again". But after selling was depleted, AUMB share price skyrocketed on news that underground drilling has begun. The management must be wondering how those ex-AUMB shareholders are feeling now, perhaps they want to jump off the CN Tower?
Where there is smoke, there is fire. history proved that Increasing volume precedes surging price and SMG's market capitalization chart appears ready to surge just as 1911 Gold did. When good news on the current drill program is out, perhaps many of the ex-SPA shareholders will also want to jump off the Niagara Falls too?
Does CEO Peter Mah and his team of experienced experts already have an impregnable plan for the financing and for the procurement of equipment for the 2027 build? The fact that insiders are holding 40% of the outstanding shares and are still buying up in the open market is a sign that they do. Do they know something that ordinary investors don't? So investors should eliminate skepticism and invest with 100% confidence, else they will miss another rare opportunity for an early retirement. Patience will pay off.
Do you know that it takes only 2 ten-baggers to turn $10K investment into $1 million? But there aren't too many ten-baggers around. At gold price of US$4000 and with All In Sustaining Cost of US$1,024 per ounce gold produced, it is hard NOT to make a profit. Only strong growth in an emerging junior gold producer can potentially make a ten-bagger to sixty-bagger, not in expensive, top-heavy senior gold producers.
https://www.barchart.com/stocks/quotes/SPA.VN/insider-trades
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Spanish Mountain Gold - SPA.V
As of September 30
https://investorshangout.com/images/MYImages/...ASep30.png
Increasing volume precedes surging share price
Weekly chart
https://stockcharts.com/h-sc/ui?s=SPA.V&p...2963243620
News Release
https://spanishmountaingold.com/news/2025/
Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:SPA
Statistics
https://ca.finance.yahoo.com/quote/SPA.V/key-statistics/
Share Outstanding as of October 2: 490,214,196
Market Capitalization as of October 2: $80,885,343
~~~~~~~~~~~~~~~~~~
1911 Gold - AUMB.V
Weekly chart
https://stockcharts.com/h-sc/ui?s=AUMB.V&...2963243620
News Release
https://1911gold.com/news/press-releases/
Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:AUMB.V
Statistics
https://ca.finance.yahoo.com/quote/AUMB.V/key-statistics/
Share Outstanding as of October 2: 257,122,285
Market Capitalization as of October 2: $266,602,721 (up from $80 million 3 weeks ago)
https://investorshangout.com/1911-Gold-Corp-AUMBF-94051/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
But SPA is more superior in having 10 million ounces of combined gold and silver proven reserve and potentially high grade gold discoveries as well as cheaper open pit mine operation.
It is the best of times, it is the worst of times. It is the best of times in planning for the 2027 build, producing 4 million ounces of proven gold reserve and 6 million ounces of proven silver reserve while precious metal prices are in an eternal rise. It is the best of times to follow up with a 10,000-meter drilling on April's high grade gold results. It is the worst of times that some impatient skeptics are dumping their shares and causing share price suppression but it is the best of times for SMG believers to accumulate cheap shares.
But the sellers don't have unlimited number of shares to sell, when selling is depleted, share price will accelerate upward. Somehow there is a silver lining in the selling: It increases liquidity and eliminates ugly bashing among late comers whose motive is to shake shares off the weak hands amid supply shortage. But diminishing selling will also end buying opportunity for cheap shares. It happened to 1911 Gold whose share price had been suppressed FOR ONE FULL YEAR due to relentless selling of the 6-cent subscribed shares by the financiers plus the selling of their 10-cent warrant converted shares totaling 120 million shares. They were not long term investors but short term traders. Adding insult to the injury is the relentless short selling with 7 million short volume.
In response to my inquiry about the relentless selling by anonymous sellers, 1911 Gold's CEO Shaun Heinrichs wrote: "There is something working against us, some financiers have exercised their warrants, they never intended to hold their shares for long term investment ....... I will never do such public financing again". But after selling was depleted, AUMB share price skyrocketed on news that underground drilling has begun. The management must be wondering how those ex-AUMB shareholders are feeling now, perhaps they want to jump off the CN Tower?
Where there is smoke, there is fire. history proved that Increasing volume precedes surging price and SMG's market capitalization chart appears ready to surge just as 1911 Gold did. When good news on the current drill program is out, perhaps many of the ex-SPA shareholders will also want to jump off the Niagara Falls too?
Does CEO Peter Mah and his team of experienced experts already have an impregnable plan for the financing and for the procurement of equipment for the 2027 build? The fact that insiders are holding 40% of the outstanding shares and are still buying up in the open market is a sign that they do. Do they know something that ordinary investors don't? So investors should eliminate skepticism and invest with 100% confidence, else they will miss another rare opportunity for an early retirement. Patience will pay off.
Do you know that it takes only 2 ten-baggers to turn $10K investment into $1 million? But there aren't too many ten-baggers around. At gold price of US$4000 and with All In Sustaining Cost of US$1,024 per ounce gold produced, it is hard NOT to make a profit. Only strong growth in an emerging junior gold producer can potentially make a ten-bagger to sixty-bagger, not in expensive, top-heavy senior gold producers.
https://www.barchart.com/stocks/quotes/SPA.VN/insider-trades
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Spanish Mountain Gold - SPA.V
As of September 30
https://investorshangout.com/images/MYImages/...ASep30.png
Increasing volume precedes surging share price
Weekly chart
https://stockcharts.com/h-sc/ui?s=SPA.V&p...2963243620
News Release
https://spanishmountaingold.com/news/2025/
Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:SPA
Statistics
https://ca.finance.yahoo.com/quote/SPA.V/key-statistics/
Share Outstanding as of October 2: 490,214,196
Market Capitalization as of October 2: $80,885,343
~~~~~~~~~~~~~~~~~~
1911 Gold - AUMB.V
Weekly chart
https://stockcharts.com/h-sc/ui?s=AUMB.V&...2963243620
News Release
https://1911gold.com/news/press-releases/
Daily Trading
https://www.stockwatch.com/Quote/Detail.aspx?C:AUMB.V
Statistics
https://ca.finance.yahoo.com/quote/AUMB.V/key-statistics/
Share Outstanding as of October 2: 257,122,285
Market Capitalization as of October 2: $266,602,721 (up from $80 million 3 weeks ago)
https://investorshangout.com/1911-Gold-Corp-AUMBF-94051/
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
But SPA is more superior in having 10 million ounces of combined gold and silver proven reserve and potentially high grade gold discoveries as well as cheaper open pit mine operation.
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