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"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... see more

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Spur Ventures Inc > The math says $1 billion of profits

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Post by idlefreebird on Jan 30, 2018 8:14am

The math says $1 billion of profits

after both new systems established from the present resource... all additional resources will be icing on the cake ex... Hudson, Plenty , gap between Plenty and Egerton and 14 ready to drill targets wich they start drilling in March of this year...gltal

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Comment by Newbern on Jan 30, 2018 11:44am

Idlefreebird, how do you come up with that number, thanks.

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Comment by onetimer on Jan 30, 2018 11:51am

Hi Idlefreebird. Even thier press release states the combined NPV after tax is $422 million. Table 2 – Initial Phase 1 + Phase 2 Economics Gold price: US$1,300 @ 0.8 USD/CAD Amount Pre-tax NPV (5%) $ 612 million Post-tax NPV (5% ...more

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Comment by idlefreebird on Jan 30, 2018 1:08pm

Guy's I was just ruffing up the numbers with the facts that they will produce 1.5 million ounces in life of mine plan and they will spend about 500 M in infrastructure leaving about 1 billion and yest there are taxes and ajustements but just rounded it off... keep in mind that for FMS the Hudson deposit will cover the mill addition ... it's just going to take some time here ... gltal sorry ...more

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