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.
Gold/Mining/Energy : Atna Resources Ltd
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: james flannigan who wrote (1)1/27/2006 8:59:43 AM
From: james flannigan  Read Replies (1) of 87
 
After looking at ATN drill holes and the project over all grade of .4 oz per ton, I have concluded that ATN with doing limited step out holes could add a lot of ounces because the grade is so high.This means this deposit will get bigger very fast as they are drilling under ground and weather may have no factor on limiting drilling.It is my view that ATN does have a company making deposit.With the fact that Pinson Mining (Barrick) is going to end up with 30% and has access to all the drill data,it would seem that ANT could be a very attractive take over target to Barrick.ATN is trying to add as many ounces ASAP so if a bid comes they want to be paid for as many ounces as possible.Given the high grade of the deposit, the stock should carry a higher valuation over other gold jrs (Arequipia) comes to mind.It is my view that we will see a gold rush for Nevada jrs if MDW or ATN makes a world class discovery.POG is high but the jrs have yet to run like the bull run of 1996. James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News