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Spur Ventures Inc SPVEF

"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

Post by idlefreebirdon Oct 14, 2018 10:34pm
156 Views
Post# 28799082

All has and allowed there own opinion...

All has and allowed there own opinion...the question you need to ask is do you know what you invested in...did you do your own DD... NOW LET'S LOOK AT ALL THESE PENCIL PUSHERS THAT PROBABLY NEVER SPENT A HOUR OF HARD LABOUR UNDERGROUND....ya i'm talking so called analyst... well look at the 9 analyst putting out there paper work on Atlantic...from $1.80 to $4.00 avg. $2.84 ...were do these numbers come from... well my view is that as Atlantic mentioned that they lowered the cut off grade from.4 to .3 that extra ounces were to be had and that the mill grade would also drop... now they also said they would be coming out with a new resource for Touquoi  at year end along with FM n CH...now seeing what i've seen in mines of leaving gold behind and i'm talking 8-10 gpt or in a 15-17 gpt heading was sick... but it wasn't in the planned work...this was in high grade Timmins camp..that is a blessing to me to see Atlantic take advantage of this low grade or and stockplie it for future ounces , as we all know the Touquoi pit is a lifetime pit, therefore get every ounce out as you can... now they have room to grow in the AISC as even though it might grow a bit no one in the industry can touch it at present...do they got to spend money to make money!! what company doesn't ..Victoria $800 million , Falco 1 billion , Osisko $450 million to build facilities to produce this dore bars..now question is to truck ore from a distant to a single mill... if it would have the capacity to take it sure but it doesn't therefore what you asking shut the money printing press down and truck from both FM and CH 4 million tons anualy...well let's just brake down the trucks required and not even the time factor... 4M tons / 40 ton truck loads would be 100,000 truck loads a year on Nova Scotia hyw../ 365  days would be 273 truck loads on a 24 hour basis and 11.41 hourly therefore double that fleet as you need a truck to arrive on the hour to maintain the 5,500 tpd quota and keep in mind CH is 80 klm away...now that being said yes the 125 M is worth spending for the concentrate and gravity ore to be trucked as mentioned by company 100,000 tons yearly...now the company spent a year prior defining these resources and time will tell if they are true... Lakeshore had a 9 gpt resource coming out of gate but because they didn't use grade control drilling like Atlantic grade came out under 4 gpt...now the big ticket here is long life minning... these other two crushing facilities will be met with many more pits.. you look at just Osprey there Goldenville has a 200,000 ounce surface resource...that's 200M of FREE CASH for Atlantic if they were to aquire that, there Caribou project is 75 meters from Atlantic's property line and finding ore in there sampling... the 149 more ounces same facility...well again all is allowed there own opinion but this company is showing positive cash flow along with paying off debt and adding to resources...that's a no brainer in my books...dam i should start my own publication ..oh ya reality is you need to get the same contractor to build as the first facility and then you add a creww for each site .. they actualy become independant and make the same free cash per mill and you sum them up as one at the end Atlantic Gold Vault...i'm in... gltal
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