SPA trade ideas

etfsandstuff

Spanish Mountain gold has broken out of the trendline after consolidation. Bull flag in play. I like it :) been accumulating .

etfsandstuff

Spanish Mountain trend line break and pull back to support level. On sale here.

wizardofcos

With concerns of rising inflation and gold starting to push record highs again, keep an eye out for Spanish Mountain Gold to breakout again like it did last summer.

petrykdoug Updated 

Cloned the old trend line after it broke a few months ago. Now we're tracking that line perfectly. Again, still waiting for that decisive breakout.

petrykdoug Updated 

Man this line has been buggin me for like months. Another attempt to break it? Could be a big deal for this company.

BKuehn

Update SPA. SPA is on sale right now! PFS, resource update and dirllresults can come any time. Buy the dip !

BKuehn

We should break out soon. The valuation is very low so I dont see a lot of downside.

BKuehn

SPA looks ready to go ! Expect a breakout to test 0.53 resistance Longterm I see a stockprice above 1 $

WinstonWolfe

Spanish Mountain Gold has broken out following a consolidation period. Their ongoing feasibility study with a combined rising gold price environment should lead to intense gains.

Ludwig_Von_Mises Updated 

Spanish mountain has very little debt and is highly leveraged to the price of silver. Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak. Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is...

Ludwig_Von_Mises Updated 

At Gold current prices, Spanish Mountain and many other junior miners are severely undervalued. Merely a move back to previous highs would be significant. In the event that we see a 1970's or early 2000's style gold rally in the coming decade, junior miners such as Spanish Mountain will perform incredibly. I continue to believe that the gold mining sector has...