Spur Ventures Inc SPVEF

It's just the start

[idlefreebird]

of something big...looking out 3 years from now once they start producing over the 175,000 ounces and having increased mine life far beyound 10 years , Atlantic will have or will definetly be in a position to aquire and grow as Steven keeps refering to Oceanagold and B2gold as comparisons...well with the $33 million in cash liquidity to grow by next quarter in a minimum sum of $8.1 million just in conversion of 13.6 million warrants by end of AUG.. anf cash flow generated should bring us above the 45 million mark unless of course it's thrown to debt...very nice position to be in ...gltal enjoy the ride..

[ProtectTheQuan]

Hey idlefreebird, How can you be sure this is the start of something big after only one quarter of results? All that’s been proven is that they have a stockpile of ore which at the end of March was over 600,000 t or greater than all the ore that’s gone through the mill since the start of production. It would be safe to assume the stock pile is less than 1.28 g/t so extrapolating 1.44 g/t for years

[idlefreebird]

Protect, I've got confidence in there 5x5 meter spacing and that the grade will be achieved .. the biggest worry wich has been met is recoveries and that's over 95% therefore mill hinning well .. AISC  doesn't worry me as lots of profits there to be had and will bring this company into a money printing machine.. there system has proven itself so I have confidence on other mills

[ProtectTheQuan]

The 5x5 pattern is only useful for a long-term, dividend seeking investor when the results are used to efficiently direct mining assets to supply a steady stream of “profit” producing ore through the mill with minimal re-handle for the lowest long-term cost per ton. Diligent investors will need to determine whether the data derived from the 5x5 pattern is being used in the best interest of the

[Robfrod]

Can you explain where you get a ~$58/t cost to process stockpiled material from? Also can you give me a link to where I can see the 675kt stockpiled valued at $2.65m I cannot seem to find this.

[Newbern]

If you study the company you may find AGB to be a solid long term investement, regardless of the business. This is a core holding for me because of the business model, growth, management, location, etc. Over the next couple years the SP will likely double as the gold production doubles. AGB is a very well run company with a gold producing mine with excellent upside.

[Akkopower1]

m

[Akkopower1]

The stockpile value of, $2657733 is on page 5 of the march 31 financials. The march 31 MDA has other details, specifically During the three months ended March 31, 2018, a total of 1,094,487 tonnes of ore were mined at a strip ratio of 0.47:1 with a total of 1,608,669 tonnes of material moved. For the month of March, 2018, a total of 367,456 tonnes of ore were mined, and a total of 599,498

[idlefreebird]

Akkopower ,ty for the crunching the numbers...Maryse stated she is expecting a 2 million ton stockpile by year at around .55 to .80 gpt grade... it's all bonus material and is value in the long run... I'm just curious what the mill will tapout at...they are edging it up to max and at 6,300 tpd is getting close..would love 6,500 tpd but happy at 6,300... gltal