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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 > another view Velocity
View:
Post by idlefreebird on Feb 17, 2019 6:44pm

another view Velocity

https://www.youtube.com/watch?v=rsG-mNESAiQ
Comment by rideitout on Feb 18, 2019 10:27am
I can see why Atlantic invested here. Similar to operational styles, with a CIL plant already established, shoring up resources to meet thier goal of 100K oz per year over 10 years is underway with alot of drilling this year. Currently they can mine 65K oz per year with a 6 year LOM plan via open pit. Looks very promising. Trucking the ore to the existing plant will majorly reduce capex, which of ...more  
Comment by idlefreebird on Feb 18, 2019 3:16pm
rideitout , it's a very simple explanation for Osprey...they have 47 million shares, if they do several PP's and bring up share count to let's say 150,000,000 and drill up the property and get stock price goes to .20 cents on 700,000 ounces...Atlantic can but them out for 50-60 million with premium included and not have to dedicate any manpower to the scene...same goes for Meguma ...more  
Comment by rideitout on Feb 19, 2019 8:36am
Makes perfect business sense. Thanks idlefreebird. Now for a new LOM update with the rising POG and off we go!!
Comment by idlefreebird on Feb 19, 2019 1:49pm
rideitout... yes make sense when you think they make $100,000,000.00 FCF per 100,000 ounces... $60,000,000.00 is nothing for the return...gltu
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