Spur Ventures Inc SPVEF

math dictates a Q3

[idlefreebird]

number at 6,300 tpd and 1.44 gpt /31.1 = 291.7 ounces daily... x 30 days = 8,731 x 3 months and voila over the Q2 number of 22,000 ==== drum roll has Q3 at 26,253 ... gltal

[idlefreebird]

Sorry need to correct this... Maryse stated in past 2 scheduled down days per month...therefore Q3 would have July 29 , Aug. 29 and Sept 28 operating days ... 291.7 daily ounces x 86 od = 25,086 ounces for Q3 ..gltal

[Robfrod]

You are assuming 100% recovery.  As of late they have been getting ~ 95% so more realistic is 25,086 * 0.95 = 23,832 Oz. Still sounds great to me!

[idlefreebird]

Robfrod... you are correct ... yes great numbers..gltu

[idlefreebird]

Robfrod...how's that for numbers my friend...does that sound great to you...we will get rewarded one day...long and strong...gltal

[Robfrod]

Yes sir.  Great news, always better to set expectations low and blow them out of the water.

[nilyab]

The market isn't moving the price as a result, as expected. The selling price of gold for the quarter would be at least, I think, the hedged price of about USD $1,265. Given the production just reported, what would be the Earnings Per Share for the quarter, after taxes, interest, depreciation, etc.?

[ProtectTheQuan]

Takeover companies will be looking at the long term to see what remains after depleting the high grade stocks before another pit comes online. The summer production numbers were already expected so they iwould not lead to anyhing but a quick spike. The problem is there isnt much value if all that remains is an empty pit with a pile of low grade ore to carry expenses while another pit is still in