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Bullboard - Stock Discussion Forum 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... see more

OTCPK:SPVEF - Post Discussion

Spur Ventures Inc > More fallout from Q&A conference call on Tuesday Jan 30
View:
Post by Quailman on Feb 01, 2018 12:22pm

More fallout from Q&A conference call on Tuesday Jan 30

BMO Capital increased its target price to $2.40 from $2.20 while keeping an outperform view.

BMO said Atlantic Gold is progressing from a developer to ~87,000oz/yr producer with expansion upside to 200-300,000oz/yr from additional zones by 2022. The broker believes Atlantic could re-rate to higher multiples in line with producing peers. Visibility on developing satellites will be one of the keys for market perception of Atlantic.

Not as good as National and their $2.80 estimate, but I'll take it.

Comment by profittaker1 on Feb 01, 2018 10:04pm
You realize "fallout" has a negative connotation right? The title implies that you are posting bad news...
Comment by Quailman on Feb 02, 2018 12:57pm
Sarcasm. There are a number of very patient investors with this stock that have many times watched it dip on great news. I am one of them. It tends to go up when you least expect it. Today Desjardins also increased their target for AGB to $2.40 from $2.25. All in all I am very happy with the performance. Posting did get attention. Thanks to BruleShore for the story, its nice to get confirmation on ...more  
Spur Ventures Inc