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Spey Resources Corp. (SPEYF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.0900+0.0025 (+2.86%)
At close: 09:30AM EDT
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  • B
    Brian
    Good Morning Fellow SPEYERS. Has anybody heard or read anything re: this: https://www.dailymotion.com/video/x8bhd9i ?
    The Candela II Project is located in the Incahuasi Salar in Argentina in the famous lithium triangle. A.I.S. paid US$1 million to acquire a 100% interest in the project, and concurrently optioned 80% of the project to Spey Resources for US$1 million,
    The Candela II Project is located in the Incahuasi Salar in Argentina in the famous lithium triangle. A.I.S. paid US$1 million to acquire a 100% interest in the project, and concurrently optioned 80% of the project to Spey Resources for US$1 million,
    www.dailymotion.com
  • Y
    Yves
    Hello anyone/everyone. Have you heard anything new on this one?
  • V
    Venu
    Ok. We are all watching paint dry. What do they employees do? Do they just show up and collect paychecks? Don't they get bored? Sorry.. This is beyond ridiculous.
  • A
    Anonymous
    Just watched Darth Nadar's really professional youtube video again - why didn't they use the money they invested in a 'professionally' produced video on getting the company back on the TSX. Wish I had never heard of SPEY Resouces - it was one of the companies that Motley Fool pushed to 'buy now' - wonder how much Motley Fool got paid by SPEY resources??
  • S
    Supermaxmoney
    Yes it would be nice to get some news as to when will they resume trading in Canada with a bunch of malarkey
  • M
    Michael
    I remain patient - this will take some time, I believe SPEY will turn in the updated NI 43-101 report, that gets the Cease Trade Order lifted by the British Columbia Securities Commission, and the NI 43-101 report is made public announcing great results from the core samples they took last year! In a few years we all reflect back on our choice to stay strong and patient!
  • S
    Sandman
    Okay, the warrant period has been extended, but when will trading resume? With the lack of communication, I am fed up with this company. When trading resumes I will be unloading my entire position, whatever the price. I've lost faith in Nader.
  • F
    FRANK C
    At least on Yahoo, it appears that SPEYF is not trading. No news on Yahoo, however, last price is .19 and indicates yesterday, April 12th at 3:59 p.m.
  • V
    Venu
    Does the company have $6 mil cash? If they do, why not pay up and acquire the remaining 20% of Candela project? It seems they are trying to give up remaining Pocitos for $6 mil and use that to acquire remaining Candela. One has to assume Candela is more valuable and hence putting all eggs in that basket. However, the option to acquire remaining Candela expires on 3/18/23 - a year away. Can the trading restrictions be lifted in near future and the results from Melbourne be released?

    If there is a modicum of potential in Candela II, the stock could go up to $7 giving the company a market cap of $500 mil.
  • G
    Geordie
    lol whos got level 2? did someone buy 900k shares at open today? hence immediate hi volume and price spike for 20 minutes
  • K
    Kenneth Kissane
    Until Tech One does these payments and all options we shareholders of SPEYF don’t have the ownership of what’s at issue here.:

    Tech One can option 80% of Candela II by making the following schedule of payments and expenditures under the Option Agreement:
    • US $100,000 payment within 5 business days of signing the Option Agreement (PAID);
    • US $100,000 payment within 5 business days before September 18, 2021;
    • US $1,000,000 payment in within 5 business days before March 18, 2022; and,
    • Making US $500,000 in exploration or production expenditures by no later than April 21, 2022.
  • C
    C
    Cease Trade Order
    Spey Resources Corp.
    Section 164 of the Securities Act, R.S.B.C. 1996, c. 418
    ¶ 1 Spey Resources Corp. (Spey) is a reporting issuer in British Columbia and failed to
    file:
    1. A technical report for its Incahuasi Project as required under section 4.2(1)(j)(i)
    of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI
    43-101), to support the disclosure of the preliminary economic assessment in the
    Company’s July 1, 2021 corporate presentation,
    2. a Form 51-102F4 Business Acquisition Report as required under Part 8 of
    National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102) for
    the significant acquisition of Tech One Lithium Resources Corp.,
    3. the material contracts in relation to the acquisition of Tech One Lithium
    Resources Corp. as required by sections 12.2 and 12.3 of NI 51-102,
    4. a Form 51-102F3 Material Change Report as required under part 7 of NI 51-102
    in relation to the significant acquisition of Tech One Lithium Resources Corp.,
    5. a Form 51-102F1 Management’s Discussion & Analysis for the three and six
    months ended May 31, 2021 completed in accordance with the form
    requirements.
  • V
    Venu
    How long before results from Melbourne are revealed? Are they had and the company is hiding? They already started collecting samples from second site. What dies it mean?
  • V
    Venu
    Either the company management I'd not up to the task or BCSC has a vendetta against this company. 3 months for correcting paper work and still not done

    Let us hope there will not be a PR on a Friday evening announcing exploration of strategic alternatunrs aka fire sale or delidting ctv.,
  • V
    Venu
    How many weeks does it takes to submit supposedly routine documentation? Is there a more serious problem.than just documentation?
  • K
    Kenneth Kissane
    This should soon make us money $$$$$

    Vancouver, British Columbia, March 14, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") is pleased to announce that it has paid the U.S. $1 million option payment, and completed U.S. $500,000 in exploration expenditures, in respect of the Candela II project in the Incahuasi Salar in Argentina. Accordingly, pursuant to the terms of the option agreement with A.I.S. Resources Limited (AIS), Spey has exercised the option to acquire 80% of the Candella II project. Spey has also, as a result of exercising the option, acquired the further right, but not the obligation, to acquire the remaining 20% interest by making a payment of U.S. $6-million on or before March 18, 2023, which payment amount is subject to adjustment pursuant to the terms of the option agreement.
  • D
    David
    when do you think it will be trading on canadian market
  • J
    Joe
    In March it was at 10 cents and rose rapidly after that. So where was SCC on that. Now at 30 cents they are touting it????? It's already had a rapid rise. Take a look at other Lithium stocks before you follow SCC advice.
  • R
    Ray
    Note on my last post. It will be exciting news according to him. This train will be rolling soon or maybe a buyout for the land they have. I actually expect many buyouts in the next year as a a way to control the market. It makes sense - the major Lithium players will be making moves sort of like in a arms race. Prices will skyrocket…
  • C
    Charlie
    Been doing my research on this Stock. Looks like a lot of buying going on the last month or so.
    Bought a few thousand today.