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Spur Ventures Inc SPVEF

Metals & Mining Industrial Metals & Minerals
"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

Spur Ventures Inc > $1691.00 an ounce is close to $1.000 Free Cash flow an ounce
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Comment by jedd2on Feb 19, 2018 11:10am
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Post# 27582955

RE:RE:$1691.00 an ounce is close to $1.000 Free Cash flow an ounce

RE:RE:$1691.00 an ounce is close to $1.000 Free Cash flow an ounceAtlantic Gold has hedged 215,000 ounces but at an average of a little more than $1,600 CAD (see May 03 to Jun 27, 2016 news releases).  In any event....you are correct in that the daily gold price fluctuations are not that significant during the first 2 years of production.  I hope you are correct with the 10 million ounce estimate but that seems rather hugely optimistic given that we are still at about 2 million ounces.
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