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

Bullboard Posts

Comment by nilyabon Dec 08, 2011 6:25am

385 Views

Post# 19302565

RE: RE: RE: RE: RE: RE: RE: RE: RE: rally

Good for you, Yoshka. I guess that you may have been in contact with the company and have been told that they are very optimistic that the 80/20 deal will work out, even if the deadlines have to be extended? It seems that the deal has already been approved by a few levels of government, including the central one, and that they are just waiting while Xingfa lobbies the province level to finalize things. We are told how inconvenient it would be for the deal not to go through, if Spur backs out altogether. I am very optimistic, but impatient as well. It's too bad that they don't seem to have yet found a safe haven investment for their cash, which exposes the company to a cheap cash offer takeover in the form of a merger with another company. So, contrary to what some people have said on this board about their having superior business experience and done their research, they actually haven't kept in contact with the realities over in China, at least according to the company management.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec