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Sandspring Resources Ltd V.SSP

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  SSPXF

Sandspring Resources Ltd is a mineral exploration company. The Company is engaged in the exploration for, and resource expansion of, gold and related minerals of in Guyana, South America.
Price: $0.13 | Change: +$0.01 | %Change: +8.33%
Volume: 791,200 | Day High/Low: 0.145/0.10 | 52 Week High/Low: 0.315/0.065
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0 stars

Re : Giustra

Giustra has made a billion from the mining industry . G didn't make it by being a nice guy. When G gets in charge he will get rid of the yo yo s with SSp who are spending all the money on admin and...read more
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RE:RE:RE:Frank Giustra

IMO, $0.06 per share less the benefit they will derive from the attractively priced warrants (which stands to negate the investment and much more) is way too cheap. Is the market so bad that they...read more
0 stars

RE:RE:RE:Frank Giustra

Also, all should also consider that the insiders are taking the same dilution... I am sure they have pondered this option very carefully before doing it...  orepass  rate and reply
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RE:RE:Frank Giustra

The amount of cash raised is $5.3 million because PNO already has $1.8 million on hand.... They are basically issuing 90,000,000 shares (pre-consolidation) shares for that which translates into about ...read more
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RE: shafted

Agree.  rate and reply
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RE:Frank Giustra

It's difficult to believe that there wasn't a cheaper and more straightforward option available to raise a measly $3.5 million. Right from the get go Sandpring is giving up 39% of the existing company...read more
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shafted

As a long time shareholder I feel like I have been shafted by the big and the covetous. The exchanges don't check on these things and have a tendency to turn a blind eye to some people . Where is...read more
1 star

RE:Sandspring

I own both. hoping the tme new oban deal goes through. should be good times ahead for ssp and tme shareholders!  rate and reply
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The phoenix will rise...

Smart money coming in at the bottom... Don't be left behind... This is transformational and a great deal for those who buy now... orepass  rate and reply
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Frank Giustra

I was initially pissed at the consolidation of shares but having billionaire Frank Giustra backing this deal and project (and likely sitting on the board!) gives this this project a new lease on life...read more
1 star

first close over the 200dma is a year!

breakout!  rate and reply
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Sandspring

Moneyhungry!Maybe this was the better pick.Instead of temex I should have bought Sandspring? But the advice came from you.Maybe it was an good one.We will see.  rate and reply
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Read on

Sandspring Announces Proposed Acquisition of PNO Resources Ltd. V.SSP| 3 hours ago   DENVER, COLORADO and VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2015) - NOT FOR DISTRIBUTION TO...read more
1 star

RE:RE:RE:RE:LASt 15 trades on PNO

yeah I like it...adds a big name to our project gives it more cred. btw, if we close above 12 cents we have closed above our 200 dma at 12 cents!  rate and reply
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RE:RE:RE:LASt 15 trades on PNO

You are mostly correct Dynarod, but Frank will have to put $3.5 mil into PNO first, which means Frank will issue 17,500,000 shares to himself before the merger and then get to convert them also to SSP...read more
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RE:RE:LASt 15 trades on PNO

Is this a different company? Not much action here! Historical Data for PNO Resources Ltd. (V.PNO.H)   ...read more
1 star

RE:RE:RE:LASt 15 trades on PNO

They do have money  which SSP needs badly . Mar 31 / 2015  Short-term investments  $ 1,850,000 SHORT-TERM INVESTMENTS Short-term investments consist of a term deposit held at a large international...read more
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RE:RE:LASt 15 trades on PNO

Correct me if I'm wrong here someone tell me this is not true.  mgmt brought up a company with 12 million share and 1.9 mil MC.  With 1.4 million of mystery assets, no cash nothing - and merged it...read more
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RE:LASt 15 trades on PNO

I wonder what the regulators are doing. Sitting on their hands?  rate and reply
1 star

RE:RE:LASt 15 trades on PNO

well I guess on the bright side frank g wants to be a shareholder lol.  rate and reply