Atico Mining Corp V.ATY

Q3 financial out

[fozzie88]

nice numbers.

[tigris72poo]

Awesome! $7.55 million 3Q Net Income     = $30 million annualized Net Income vs Makt Cap of $57 million and EV of $30 million doesn't get much cheaper than that (and you get Ecuador thrown in for free)

[RHertig]

Everything was goid except the permit issue. If you believe it will be tommorow will be a load up day. No way this doesn't fall on the market open

[Barkis]

Would there be any reason for the authorities not to issue a renewal permit? The El Roble mine has 4% copper equivalent and a few years of "known" erserves left. Why would the gov. pass up un the tax money and the jobs provided by the mine? You can't "green" the economy without copper and this is Colombia's only copper mine. Are there better opportunities for the

[longagau2]

I think there is some ongoing royalty dispute, referenced in an earlier press release. My bet, obviously by holding this stock, is that they will be resolved and the permits renewed.

[RHertig]

I forgot about the royalty issue. I added more shares yesterday. If it falls again I might add one more time. I don't mind doubling how many I have.

[CBalardo]

Ya, Cash on hand on an already producing mine making profits. Copper will not loose too much value. Seams like a good buying opportunity.