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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

Comment by bigopson Oct 27, 2020 9:53am
139 Views
Post# 31787548

RE:RE:RE:RE:Halted as of 12:59 EDT

RE:RE:RE:RE:Halted as of 12:59 EDTYou are missing the boat here Juan...not so hopeful is seems.

Check out the calibre of group/people who just invested:

https://jmacresources.com/

https://www.gototps.com/

In addition - insiders participated....using their own $s to buy more stock...not something anyone does if they have a negative outlook.

What you seem to ignore is that JMAC put in what looks to be at least a Million bucks in to this at prices above where we are trading -- JMAC has gone from 8% to 22% owner of the company....clearly this was not done for charity or because a seasoned player in this space thinks things are going sideways...there is clearly big upside here otherwise why would they invest so much in such a small cap name. Check their web site out...very impressive....and, oh ya, a Board Seat too -- clearly JMAC wants to help steer the ship.

In addition to JMAC - check out what TPS is famous for -- building and operating Frac Sand facilities....seems like all you have to do is put 1 and 1 together on this story....

AMI now has all the cash they will need to move forward on the Front End Engineering and Development work with thier JV partner on the Duvernay project -- the value train has just left the station and the Company is actively surfacing the value that exists in their Duvernay deposit.

I for one will be picking up cheap stock here -- there are a bunch of tired and haggard shareholders who likely want out...good, opportunity for stonger hands like JMAC and TPS to come in and take this to the next level. I for one will be joining those groups and grabbing some of the cheapies down here...

Good luck to All
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