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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."


OTCPK:SPVEF - Post by User

Spur Ventures Inc
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Comment by Snozolaon Nov 01, 2003 11:48am
93 Views
Post# 6590490

RE: Stock will be worth?

RE: Stock will be worth?I would estimate that based on the net asset value of the deposit which is 325 million US dollars (from Jacobs Engineering BFS )the stock price should trade at 10 dollars US. This does not include any production plant etc. This is still a screaming buy at $1.30 Canadian. The calculation is based on $325,000,000 divided by 32,500,000 shares outstanding.
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Dealroom for high-potential pre-IPO opportunities