Wall Street Grand Report Featured Company: Spirit Exploration, Inc. (SPXP.PK)
Spirit Exploration, Inc. (SPXP.PK), headquartered in Victoria, B.C. operates in mineral-rich Southern Ecuador through its (99 percent owned) subsidiary, Ecuardorgold Corp., S.A. Spirit Exploration, focused on the discovery and initial extraction of gold, silver and copper, is currently vested in the Muluncay Project, Machala, S. Ecuador, where low labor and fuel costs, and gold deposits meeting or exceeding 10 grams per ton, make extraction lucrative. Spirit also has several additional mining opportunities in Ecuador. In order to expand both its mining and processing capacity, Spirit proposes to offer 300,000,000 shares; there are currently 48,025,000 shares outstanding. The shares are intended…