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."

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Spur Ventures Inc > REMAINS ON TRACK TO MEET ANNUAL PRODUCTION AND COST GUIDANCE

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Comment by StockMagicianon Aug 15, 2018 1:14pm

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Post# 28466054

RE:RE:RE:REMAINS ON TRACK TO MEET ANNUAL PRODUCTION AND COST GUIDANCE

Well gold is down more than $17/oz, however it is probably more of a comparison issue. For example, ROXG also reported today. Earnings were higher, guidance is 120-130k for the year and I think it has a smaller market cap. Both have dirt cheap ASIC numbers.

Maybe AGB should have a premium to the RoxGold price due to the location of the respective mines.

If these gold miners with 8 to 10x annualized P/E ratios are getting hit while others are not, maybe the market is focusing on the wrong things. Hold strong and wait for the market to come to it senses.