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."

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Spur Ventures Inc > another view Velocity

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Comment by rideitouton Feb 18, 2019 10:27am

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RE:another view Velocity

I can see why Atlantic invested here. Similar to operational styles, with a CIL plant already established, shoring up resources to meet thier goal of 100K oz per year over 10 years is underway with alot of drilling this year. Currently they can mine 65K oz per year with a 6 year LOM plan via open pit. Looks very promising.
Trucking the ore to the existing plant will majorly reduce capex, which of course is very favourable to the bottom line. I just may consider investing here as well.
Of course, alot of investors are wondering about OSPREY properties next door to Atlantic and why does Atlantic not scoop up these additional resources for pennies to organically grow exisitng resources as they are proven. I am one of those and if anyone can shed some light on this, it would be appreciated.

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