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Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is a Canada-based company focused on the exploration and development of gold projects in central Brazil. The Company holds six projects comprising approximately 190,000 hectares (ha), within the Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes medium to high-grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) southwest of Anglo American’s porphyry copper discovery at Jaca. Its Apiacas project comprises a package of properties covering seven main target areas which constitute the Apiacas district. The Apiacas project is located about 50 km west of Cajueiro project within the Alta Floresta Belt, an 82,000 ha land package. Its other projects include Colider, Nova Canaa and Porta Aberta. The Porta Aberta project is located approximately 13 km south-southwest of the Cajueiro project.


TSXV:ALTA - Post by User

Bullboard Posts
Comment by OldManWinteron Oct 21, 2015 6:44pm
85 Views
Post# 24213953

RE:RE:Sell off was expected

RE:RE:Sell off was expectedYes they can. Verbiski and Chislett knew what they had by looking at the cores. To what % I don't know....
As for today's action, I think a lot of weak hands got shaken out. I think that people were just to caught up on expecting the words "Massive Sulphides" in the release. I think it would have been wrong for them to disclose this at this point without verification. Hence sending them to a lab. I do believe that they wouldn't have sent dud samples just to send them. They selected 173 cause they want to see whats in them. Someone in the camp looked at those samples and figured out that they need to be tested. Kylar has been very straight forward with regards to how they are tackling this property. If they hit, great, if not, they'll move on. They won't drag it out.  
I get the impression that KH is keeping his cards close to his chest cause he knows how the game is played. He is young enough to know words and false information can spread like wildfire on these bullboards. I also do not think that they can disclose much detail with a financing still waiting in the wings. I think alot of reputations are on the line with this play so I think that management is going about this the right way. 
Bullboard Posts