SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: SPUR VENTURES STARTING TO MOVE TARGET 9.00

No earlier versions found for this Subject.


Return to SPUR VENTURES STARTING TO MOVE TARGET 9.00
 
ANY FOLLOWERS OF THIS COMPANY ? THEY ARE A VANCOUVER BASED COMP. DEVELOPING A MASSIVE PHOSPHATE DEPOSIT IN CHINA IN A JOINT VENTURE WITH THE CHNESE GOVERNMENT. PHOSPHATE IS USED FOR FERTILIZER AND DEMAND ALONE FROM CHINESE AGRICULTURE ACCOUNTS FOR 25% OF WORLD CONSUMPTION. SPUR NEEDS NO FINANCING UNTIL LATE 1997, AS THE CAPITAL OUTLAY FOR THE PRE-FEASIBILITY STUDY WILL BE 700,000. CURRENT WORKING CAPITAL,REVENUE FROM BERKLEY PETROLEUMS,AND THE EXERCISE OF OUTSTANDING WARRANTS CAN COVER FINANCIAL NEEDS UNTIL CONSTRUCTION BEGINS. TAKEN FROM AN INSERT IN INVESTORS DIGEST TARGET OF 9.00 SET BY GLOBAL SECURITIES. ANY INPUT GREATLY WELCOMED.