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"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

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Spur Ventures Inc > Wondering why there is not more reaction at 11 m of 43.65 g

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Post by mushroom2002 on Feb 14, 2019 12:09pm

Wondering why there is not more reaction at 11 m of 43.65 g

If they can get more of this very high grade AGB would fly. Hope that they are looking around that hole. One more reason for a takeover

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Comment by eebler on Feb 15, 2019 2:36pm

At the depth that they encountered those intervals, either they are looking at having to expand the size of the pit (which means the potential for higher stripping ratios) or they are looking at going underground where economics change. Both outcomes mean higher capital costs, so they would need to prove up enough to make it financially worthwhile. In the meantime, they simply show ...more

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