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


To: Michael M. Cubrilo who wrote (409)3/13/1999 5:21:00 PM
From: George Castilarin  Read Replies (1) | Respond to of 509
 
Yea I'm positive on ATN, they have a very good team of people and on top of that they have money ($15 million) and a proven deposit the Wolverine. 5.3 million tones of $270/t rock. Mind you this number is now lower due to falling metal prices. As for the Selinium problem, I spoke with Peter D. last year, he thought dilution would fix the problem.

For the D.R. they have the geology reasonably under control, the massive sulfides are being intersected at the sediment-felsic volcanic contact and the intersections are getting thicker with depth hole#1 1.5m, hole#2 3.1m the problem here is we don't have the true thickness yet.

The grades are very good, not as high as the Wolverine but then few things are.

Keep in mind that VMS deposites often come in clusters so the two anomalies 1000m and 1600m away that are being drilled could be very significant.

This company is not very promotional, I expect prices to slip again before the next news which will be the assays or mabee another massive sulphide intercept on one of the anomalies.

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