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Atico Mining Corp V.ATY

Alternate Symbol(s):  ATCMF

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.


TSXV:ATY - Post by User

Bullboard Posts
Comment by favillon Apr 02, 2001 10:05pm
375 Views
Post# 3559048

RE: Perhaps a buyback is in the cards.

RE: Perhaps a buyback is in the cards.1) The company has openly said that they would be buying back their stock--this was when the price went down to $15 approximately 2 years ago--now it's under $7. 2) At this price they are in an extremely vulnerable position (ie. hostile takeover - if someone offered you $8CDN/sh + a percentage of Nvidia share you wouldn't strongly consider that?)$16Billion CDN cash for the "leader" in the graphics chip industry(I believe that's a little over $10Billion US). Plausible? Probable? To get a controlling interest they'd have to spend about $480Million CDN. What are your reasons, Yoshi? (and no I'm not on crack}
Bullboard Posts