HI EVERYONE,
I'm starting this thread for ATLANTA GOLD for several reasons.
1) Beleive the stock is undervalued. Has 1.5 mil. proven gold reserves
in the ground.
2) Stock selling in the .60s range.
3) Senoir joint venture to VSY even though they are 50/50 on the properties.
4) They have additional properties in Indoneasia.
5) Experienced mining company.
6) Going to start promotion in the very near future to get their stock
back up to the 4.50/5.50 range. This is without the VSY joint venture.
SUMMARY:
This company has been a sleeper for the past three years. They fell out
of favor when Norwest decided too terminate a J.V. with them and persue
other interest in Africa. They are currently doing a J.V. with Quest
and my understanding it is going quite well.
I have a modest position on ATLANTA and I would appreciate any constructive
input that one might have.
Good Trading,
Ron. |
