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Gold/Mining/Energy : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?


To: Ratso who wrote (224)4/4/1998 1:14:00 AM
From: Blake  Read Replies (1) | Respond to of 509
 
Ratso, YGC Resources is Atna's JV partner with regards to the Wolf Deposit. Atna is also earning an interest in three other YGC base metal properties in the Yukon. I hold a good position in Atna but I have also put some cash into YGC Resources because of the price. As stated by others on the thread Atna is trading at cash value and they are well managed. I asked their IR person a few questions about the Wolf deposit and he feels that there is a rough estimate of about 2 million tonnes. They are planning an extensive drill program for the Wolf property which could possibly add to the tonnage. I think the Wolf property could be a strong focal point for Atna this year. Eagle Plains Resources and Miner River Resources have added to there land position(Cy/ST property)which is apparently in the area. There are a number of companies who have acquired property around the Wolf deposit so I hope it is a busy exploration season! Hope the snow up there melts fast.

Blake