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Spur Ventures Inc SPVEF

"Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada."


OTCPK:SPVEF - Post by User

Comment by idlefreebirdon Dec 14, 2017 7:53am
92 Views
Post# 27154036

RE:RE:RE:RE:MARYSE N GWEN

RE:RE:RE:RE:MARYSE N GWEN7Twig, I feel your pain but what you need to understand is this isn't production numbers...this is commisioning  and ramp up... during this stage you use as Rick Ruke stated on his video develepoment rock.... this is just in case you run into problems and recoveries don't pan out as you are ironing out the bugs... you want to minimize the losses...now reality here is we are a medium grade open pit mine, that said you will be processing low grade ,medium grade and high grade and at the end it will average out to the stated yearly grade and the yearly amount of ounces as Atlantic gave as guidance...I have worked for companies that in the last quarter if they see there behind they went after the highest grade stopes just to make quota so that it looked good on them at the end of the year as it's all about to save there behind and keep top management happy and shareholders, that being said there were millions of millions of dollars left in those stopes as it wasn't mined properly do to the rush and making quota at year end... what i'm getting at is in the open pit there will be high grade and low grade wich will come out to a medium grade throughput and that's what will count here...the biggest thing is to check off the boxes..throughput (check) recoveries (check) All in sustaining cost (check)... these 3 boxes meet and actualy exceed expectations..PRODUCTION starts in the new year...you need to do your DD if you are going to invest and be able to sleep at night... my opinion only ... the Bird ... gltal 
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