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Gold/Mining/Energy : Atna Resources Ltd

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To: Wayne Whalen who wrote (6)1/31/2006 8:09:59 AM
From: james flannigan  Read Replies (1) of 87
 
Wayne ATN is the most advanced jr play in Nevada.If Doug Casey is right and we see ATN drill up say three million ounces,with the rising POG, we could see this stock at $5 in very short order.I find it funny that the market has still not discovered the ATNA story.But Iam glad I have.The interesting part is that the oxide ore in many of the Nevada deposits has found to only be the leached part of a much larger reserve below as we have seen with Round Mountain.It seems fitting that ATN Knew that the ore in the open pit at Pinson was only the "tip of the iceberg".It has been found that the ore at depth of these types of bodies on the Carlin and Cortez Trends can sometimes contain 10 times as much ore at bonanza grades underground.This fact suggests that ATN could have much more ore that the 2.5 million ATNA target.In fact with the rich grades of the Ogee zone,every time the drill moves 50 feet at such high grade it could add many ounces in a hurry. James
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