In the weekend Globe and Mail Who is Buying and Selling feature, INK highlighted Spanish Mountain Gold (SPA). In the original INK Research report published on April 10th, we recognized that smaller junior mining stocks have been lagging global producers. However, if the gold producer rally continues, we suspect that investors may start to value the reserves in the ground of junior stocks more favourably.
Spanish Mountain Gold featured in the April 12, 2024 Globe and Mail
That is one reason why Spanish Mountain Gold caught our attention.
In terms of reserves in the ground, the Spanish Mountain Gold Project in east-central BC reports proven and probable reserves of 2.34 million gold ounces and 2.18 million ounces silver. Of course, insider buying also caught our attention as one insider, in particular, has been loading up on shares over the past year. Read the full report for free here and consider joining us to have the INK morning report delivered to your inbox every trading day.
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