Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

OTCPK:SPVEF - Post Discussion

Spur Ventures Inc > RE,RE POSSIBLE BO

View:

Post by TTMAC on Oct 27, 2017 2:34pm

RE,RE POSSIBLE BO

I am not a fan of a buyout at this time. I would think Atlantic would want to find more gold in the ground with their new drilling before a buy out would be considered.
I have found that share prices go down for a while after an explorer becomes a producer. Why, I have no idea. The price will recouver soon. The inside buying is a good sign.
I will try and make a trip to Cochrane Hill this weekend to see if any drilling is happening there.
I doubt there is or we would have heard by now.

TTMAC

162

Comment

Comment by mineice on Oct 27, 2017 3:10pm

I agree, need to prove up some more ounces before a bigger player would be interested. I also wonder about the satellite deposits and having to truck the ore to the mill, seems like that would be expensive? cheaper than another mill though.

105

Comment

Comment by idlefreebird on Oct 27, 2017 3:16pm

TTMAC , i believe the 5 drills at 15 mile stream... they will be hammering out Plenty to get that to a resource as fast as they can... there will be no buyout here under 800M so be patient... the reason she goes lower as a producer people want to take there money out and play eleswhere as this will take a couple of months to justify itself...except that Atlantic has a couple tricks up its sleeves ...more

126

Comment

Comment by 10diamonds on Oct 27, 2017 5:45pm

I agree that AG has to prove up more ounces to attract major players to get us handsomely rewarded now in the past I saw companies were trading low and then get BO and some don't even perform anything but majors buy them.on the basis of speculations and property potential for major gains there are hundreds of examples and AG is showing up that signs with insiders buying HUGE shares regardless ...more

101

Comment

Comment by idlefreebird on Oct 27, 2017 6:51pm

10diamonds... when your looking at a stock first thing is shares out... both stocks you are mentioning are just shy of 1 billion shares , that compares to our fully diluted 250 million shares...our AISC is the lowest in gold prodcers and if we get to 200,000 ounces ,that's true value ... that gives you the plus $3 a share ...at 1Billion that's $4.00 a share and that's equal to ...more

145

Comment