Spur Ventures Inc SPVEF

tax loss selling

[idlefreebird]

or better know as flipping...over 1 million shares flipped , those who got caught buying  in the upper trades at $1.80 plus need to sell to dec;are losses , they will buy back in after 30 days of sell and just in time for year end results..for a takeover highly doubtful as there is only 4 groups of investors here ...management 35% plus , Sprott groups 10% ,institutional 25 % , and us...management have Sprott on there side as he is the actual one who got this group togeter therefore 45% in there hands and them saying NO to any offer is a given...unless the price is right ,,,no low ball offer here.

will this company takr time,yes for sure....as  they have 2 mills to build but are well funded to get these projects on there way with the FCF generated from operations...therefore no furher dilution to us sharholders..

the new resources coming up will put us over 2 million ounces and I believe extended mineralisation at Touquoy...my only fear is that they don't find any other source of feed afterwards through the drill bit...this is unlikely as even Osprey have detected disiminated gold in historic drilling...

time will tell...rough guestimate ..2 million ounces gives you 2 billion in FCF minus the 3 mills of 150 M each (high end) leaves you 1.5 billion in pocket book before taxes ..every 100,000 ounce pit adds 100 M FCF... gltal

[nilyab]

IdleFreeBird: Indeed, there is surely some tax loss selling here, but that hardly explains the extensive use of the Anonymous house on the sell end, apparently in an attempt to drive down the stock price for some party(ies) who want the stock price lower for some reason. Maybe it's because someone wants to buy as much stock at these lower prices, especially by provoking some large block trades

[idlefreebird]

nilyab, many reasonings... here is short position as of nov.15 Symbol Issue Name Shares Net Change Date $AGB.V ATLANTIC GOLD CORPORATION 557,440 18,440 15 Nov 2018