OTCPK:SPVEF - Post by User
Comment by
Snozolaon Jan 17, 2019 10:02am
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Post# 29244866
RE:Bulgaria
RE:BulgariaI would have thought they might have used the 9 million to pay down debt or the advance of the phase 2 expansion. This must be a very stragic investment at a low cost entry for the board to want to participate, they have proven that they know what their doing so keep your fingers crossed. The market seems luke on the move so far. Osprey has a total market cap of 2.9 million so they could have taken the whole company for half as much money and they have a few good deposits nearby. Similar for Meguma which has a deposit with higher grade right than Atlantic next door......They are very aware of the how to mine in Nova Scotia so it would seem like a no brainer