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Bullboard - Stock Discussion Forum Spur Ventures Inc SPVEF

"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 > When you look at balance sheet , Atlantic's
View:
Post by idlefreebird on Jul 25, 2018 11:01pm

When you look at balance sheet , Atlantic's

financial position is NET DEBT = $97.7 M

Project Loan Facility of $115                          $115.0
 CAT Finance Lease Mining Fleet facility of   $ 12.7m
                                                                       $ 127.7 M

Liquidity: Total Cash as at July 3, 2018:      -  $   33.0M
                                                                        $   97.7 M NET DEBT 


gltal....p.s. that's of July 3 rd /18
Comment by goldpoet on Jul 26, 2018 11:16am
Check your messages...best
Comment by idlefreebird on Jul 28, 2018 8:56pm
All good bud.... Atlantic has updated there presentation... some good new info on it... gltal be long and strong...
Comment by goldpoet on Jul 30, 2018 11:05am
Hi, what's your interpretation of p. 26 of the new presentation, the bubble valuation page?  I find it hard to interpret other than AGB is clearly undervalued from a take-over perspective.  For example, based on these historical prices, what might be the average take-over valuation for AGB?  I'll give IR a call, but would be interested in your take, as well as other aspects ...more  
Comment by idlefreebird on Jul 30, 2018 6:52pm
Hey Poet , the reason for clearly showing the AISC bubble formation is giving the range of AISC for Atlantic and the other companies... clearly Atlantic's is the lowest showing more profits for suitors...our takeover price is minimum $3.00 and higher as we get further into the success of processing mills and building up of resources...I believe we haven't got taken out is because of the ...more  
Comment by ferret_ca on Jul 31, 2018 12:31pm
follow the idledodobird, lmao. this mine needs to run for a while (a lot longer than it has) without too many glitches to prove it's worthiness (so far it's okay)  plus they need to increase reserves before a major will look at buying this. I think it gets bought out but probably not for about a year or so. I don't see any insiders buying on these digs (I know they own lots) and ...more  
Comment by ProtectTheQuan on Aug 01, 2018 11:41pm
I could not agree more. It’s one thing to post a few good quarters with new equipment while stock piling low grade ore and an entirely different thing to process low grade ore economically over the long term. This would not be the first or last mine to fizzle within a few years. If they cant keep good operators and maintenance personal then they won’t expand past the MRC project and could be done ...more  
Comment by Newbern on Aug 03, 2018 8:37am
This ProtectThe Quan post makes no sense. He has no history and is simply just a basher.