Spur Ventures Inc SPVEF

RE:15 month planning well thought out

[onetimer]

Hi Idle while I am long AGB , some of your assumptions are not accurate and it doesn't help to overhype a stock They have hedged 325 K ounce's at just over $1500 Canadian so they cash flow is only $800. MRC has to repay the loans totalling 160 million before turning a large profit 35% of profits flowing from MRC go to the private investor. Royalties and taxes will take more away The mill is at capacity of 2 million tonnes of ore to produce 80000 ounces of gold for the first 5 years until beaver dam come online with higher grade. As per PEA The new reserves found will have to be at a higher grade or the plant will need to be upgraded to process more ore to get to 200000 ounces. I think we will get to $2.25 quickly and then hold in that area until further resources are found with much higher grade Still long GLTA