Spur Ventures Inc SPVEF

Math opens one's eyes

[idlefreebird]

Atlantic's production at 200,000 ounces and given $1,000 ca profit per ounce equates to $200,000,000.00 of anual free cash flow...a company with just $500 of FREE Cash flow needs to produce 400,000 ounces of anual production to match Atlantics... therefore you can see many of these $1,000.00 all in sustaining cost producers in the industry wich is why Atlantic sticks out and will pay huge didvidends to it's shareholders on either growth or a buyout...gltal

[goldpoet]

Thanks for your SGI feedback...my only other question concerns debt, AGB is by far my largest position becasuse of the factors you mention, but I wonder how much their existing debt plus capital to build a new mill will offset the free cash flow relative to SGii's debt free but significantly higher AISC?   And the ABG 200K oz is after another two years, whereas SGI will be up to

[idlefreebird]

goldpoet , I don't believe we will have to worry about the capital required to build this to a higher production as it seems M&A is written all over this stock as it's dot's all the I's and crosses all the T's... once Atlantic does a M&I on Plenty and Hudson that will be sufficient to fill the back end of the charts and any hit on the exploration wich is iminent will

[Eap5522]

Freebird I'd love to hear your ideas as well. Please feel free to PM me :)

[idlefreebird]

Eap5522 , I'll be sure to let you know ... i'm setting things up but will fill you in...gltal

[Eap5522]

Thank you Freebird, much appreciated

[Eap5522]

Just a side note when you listen to the Myrese interview you posted she said they started drilling the 80km strike length on march 15 on 1km hole spacing so we'll see results from that soon :)