Spur Ventures Inc SPVEF

RE:RE:RE:RE:Comparing Wesdom to Atlantic

[idlefreebird]

Robfrod,these aren't realy big issues...let's start with Lakeshore gold that trucked 3-4 gpt 52 klm to mill in Timmins and now Goldcorp will be trucking ore from Borden Lake 2 hrs away at 5gpt and that;s one way...

Beaver Dam is 37 klm away... 3,700 tpd would require 93 trucks daily at 40 tons per truck.. now divide that by 24 and your looking at 3.85 truck's per hour and keep in mind this isn't a hour away...therefore you wouldnt need 8 trucks but that would be the safe route...the cost is minimal like $5.00 a ton...

Now for the floatation systems that will be paid off in advance ...as we will be net debt free this year then get back in debt then pay it off with the 200,000 ounce production year...then it's all gravy...

Now for FMS and Ch there will be 70% free milling gravity concentrates  and then there will be a concentrate at  high end gold values wich needing only several trucks weekly to be transported...therefore the cost won't affect Atlantic in those manners...

reality is this if Atlantic has 1.5 million ounces and would make $1,000.00 per ounce that would be 1.5 Billion...now substract the 3 mills Touquoy $120 M FMS $135 M CH $135 M now your looking at $390 Million in cost for mills deducted from you 1.5 billion... that leaves you 1.1 billion in FCF over the term...now Atlantic should easily hit over 2 million ounces and all the infrastructure will be in place to mill Atlantics, OSPREY AND MEGUMA ore and more... big picture ... gltal