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Athabasca Minerals Inc ABCAF


Primary Symbol: V.AMI

Athabasca Minerals Inc. is an integrated industrial minerals company focused on the production and delivery of frac sand to Canada and the United States. Its AMI Silica division has resource holdings and business interests in Alberta, North-East BC, and the United States. Its AMI Aggregates division produces and sells aggregates from its corporate pits and manages the Coffey Lake Public Pit on behalf of the Government of Alberta. The Company’s Metis North Sand & Gravel division has a strategic partnership with the McKay Metis Group to deliver aggregates to the energy, infrastructure, and construction sectors in the Wood Buffalo region. Its AMI RockChain division is a midstream, technology-enabled business using its RockChain digital platform, automated supply chain and logistics solutions, and safety programs to deliver products across Canada. Its TerraShift Engineering division conducts resource exploration, regulatory, and mining, and is also the developer of the TerraMaps software.


TSXV:AMI - Post by User

Bullboard Posts
Comment by whizkid1on Oct 25, 2012 12:40pm
146 Views
Post# 20523572

RE: Breathing..

RE: Breathing..

no doubt about it.  they will not report any kearl revenues this quarter (last time i chatted wth the IR guy from ABM), Firebag won't be ready soon though. HOWEVER don't missinterperate what im saying.  This is dependent on the gov't's positive response, then they get the 43-101, they already have a plan in terms of transportation (deliver to a drying station in fort mac via trucks, then transport to NW US by rail)

so it sounds like they have all their ducks in a row, just waiting now on the gov't (can't see any issues though).

good earnings, then kearl= even better earnings then firebag (1 year away).  gross margins on this will be VERY good if it's $200 to $250 a tonne, they aren't in any rush, they have enough cash, strong balance sheet.  i just don't want this stock to get ahead of itself.....

 

 

Bullboard Posts
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