GREY:ATNAQ - Post by User
Post by
2511MacDonaldon Dec 29, 2009 11:26am
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Post# 16622872
John Theobald - Director
John Theobald - Director
The following is information on the latest ATNA director...
John Theobald
Director
Mr. Theobald joined Atna's board in October 2009. He is a mining executive with over thirty years international experience in exploration, operations, business development and mining finance. He is currently executive director and chief operating officer of Anglo Pacific Group plc, a London listed mining royalty company. Mr. Theobald spent the early part of his career with Anglo American Corporation including time on the Witwatersrand goldfields in South Africa. After a short tenure with Phelps Dodge Mining Company and vice-president of a Canadian junior gold company, Mr. Theobald held various senior positions with Iscor Mining (since split into Kumba Iron Ore and Exxaro Resources), Metorex and the major industrial minerals group SCR-Sibelco. Mr. Theobald is qualified as a Chartered Engineer and has a BSc with Honours in geology from the University of Nottingham.
MAC Comments - I rate ATNA as a strong buy based on this director who represents Anglo Pacific Group, a 10% shareholder. Anglo holds coal royalty interests in Australia and around the world. They are a well researched and funded owner who have supported the stock price in the sixty cent range. The newsletter writers got nervous with the production problems at Briggs. It is my opinion that Briggs will be profitable in 2010. Longer term, Atna will become an intermediate gold producer and with that will command a higher share price.
I recommend ATNA shares as a buy up to seventy-five cents. My 2009 target is
.70 -
.75, with a 2010 year end target of $1.25 - $1.75.