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Gold/Mining/Energy : SPUR VENTURES STARTING TO MOVE TARGET 9.00
SVU 32.490.0%Dec 14 4:00 PM EST

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To: jag (Hijacked) who wrote (1201)5/17/2000 7:06:00 PM
From: ROBROY  Read Replies (2) of 1248
 
I predicted the share price at < $0.75,as of this June,so i'm not terribly surprised.
I think I could write the feasibilty study myself,I just think that we can conclude now that SVU will be bought out.
In discussing the subject with SVU sometime ago,with management they indicated that they would be quite pleased to sell-out for 20% of the project value.
As a guess i'd say maybe we can look forward to a buy-out at maybe $3 to $5 per share.
What do you think Roy.
The BFS results and resulting negotiations will not be known for six months [ note SVU's buying their own shares to sustain some sort of reasonable share price ]so we've got lots of time to go.
I now predict < $0.50........when i'll buy 50 K

r.
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