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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (73697)8/21/2012 11:37:31 PM
From: Veteran98  Read Replies (2) of 78418
 
Re:ATN ... I have loaded up on ATN over the last month or to and I was surprised to see the financing as well. I may be completely wrong but I'm thinking this financing may be a good thing and may be that someone wants a position. This looks like it was done in a hurry and basically at a price higher than what it been at trading at the last 4 months so it's looking that maybe somebody wanted in and a real positive is that it's a bought deal and other than broker warrants there are no warrants attached. I doubt that ATN is going to drop 15% tomorrow. It probably won't take off immediately but I think that ATN is going much higher over the long run. In the meantime we are getting pretty close to where POG seasonally takes a breather before taking off in Oct-Dec so we may see some weakness.... juniors look like they are just lifting off the bottom and starting to make a move but I booked substantial profits this morning in many of the seniors in my trading account.... as far as trading goes live to fight another day is my motto these days.....
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