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

Add To Watchlist

OTCPK:SPVEF - Post Discussion

Spur Ventures Inc > Why has it been selling off?

View:

Post by CaptainConn on Jun 19, 2018 10:02am

Why has it been selling off?

I cant find any news

131

Comment

Comment by jedd2 on Jun 19, 2018 12:00pm

The price of gold is a little lower these days. US/China trade war concerns. The company is in great shape. A gold production company on track to mine about 90,000 ounces this year at roughly $ 1,000 margin per ounce and set to increase gold production to over 200,000 ounces annually in 2 to 3 years. Looks like a time to buy.

172

Comment

Comment by nilyab on Jun 21, 2018 8:36am

Even if gold prices go lower from here it won't affect AGB over the next couple of years. To quote from a private email I received this morning: They hedged a total of 215,000 ounces. That would be roughly 2 years of production. May 03, 2016 100,000 oz @ $ 1,619 Cdn May 13, 2016 25,000 oz @ $ 1,627 Cdn May 16, 2016 25,000 oz @ $ 1,640 Cdn Jun ...more

193

Comment

Spur Ventures Inc