Today on the Daily Dive, our host Cassandra Leah is joined by John Ryan, CEO of Spruce Ridge Resources (TSXV: SHL). John joins us to discuss his outlook on the copper markets as well as to discuss the prospects of the firms copper operations within Newfoundland.
Spruce Ridge currently holds a 100% interest in the Great Burnt Copper-Gold Property in Central Newfoundland which covers a series of copper and gold rich VMS deposits.
They notably sold the Crawford Nickel-VMS Project for shares, which is now owned and controlled by Canada Nickel Corporation (TSXV: CNC). Today Spruce Ridge finds themselves with 8.1 million shares of Canada Nickel – a stock trading at around $2 at the time of this recording – along with 10 million shares of Noble Mineral Exploration (TSXV: NOB).
FULL DISCLOSURE: Spruce Ridge Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Spruce Ridge Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
