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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 21, 2018 10:50am
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Post# 27593879

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

RE:RE:RE:RE:RE:$1691.00 an ounce is close to $1.000 Free Cash flow an ounceAtlantic Gold has an option to purchase MRRI’s interest at fair market value after the later of (a) 18 months of commercial production at Touquoy and (b) the point where 3 million tonnes of Touquoy ore has been processed, provided that at the date of notice to commence the option process, the 30 day average spot price of gold is at least CAD$1,400/oz.  Fair market value will be determined by a valuation completed by a mutually appointed independent valuator.  See the Apr 28, 2016 news release.  MRRI's interest is only in the Touquoy deposit.  
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