Spur Ventures Inc SPVEF

RE:RE:RE:RE:RE:RE:When you look at balance sheet , Atlantic's

[ProtectTheQuan]

I could not agree more. It’s one thing to post a few good quarters with new equipment while stock piling low grade ore and an entirely different thing to process low grade ore economically over the long term. This would not be the first or last mine to fizzle within a few years. If they cant keep good operators and maintenance personal then they won’t expand past the MRC project and could be done before they open the next pit.

Personal management is everything and this place already has a revolving door reputation. You won’t find any happy faces in their presentations. Aside from one key managers there are no local people or community pride in their presentations. In the age of the millennials it’s almost unheard of not to recognize the staff and communities contributions. If they are going to expand they will need convince people from the local community to stay in NS for less money than they make out west and travel to isolated areas of the province. When it was new it was considered a place to find a nice, but lower paying mining job near home. A year in and the GM has made a reputation for firing local people.  Give it time to see how they do as other mines come on board and new jobs open up. Will it get better after Q2 or worst and what will the second winter bring to the mill and equipment hitting its third year.