Atico Mining Corp V.ATY

Atico Reports Consolidated Financial Results for 2021

[Betteryear2]

(All amounts expressed in US dollars, unless otherwise stated)

VANCOUVER, British Columbia, April 26, 2022 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2021, posting income from mining operations of $28.0 million and a net income of $7.0 million. Production for the year at Atico’s El Roble mine totaled 18.1 million pounds (“lbs”) of copper and 11,018 ounces (“oz”) of gold in concentrate at a cash cost(1) of $1.45 per payable pound of copper(2).
 

Atico Reports Consolidated Financial Results for 2021

[tsoprano24]

If we are, in fact, trading at half book, it might be time to buy back some shares and get some of the trading stock off the street. We have been languishing down here way too long. A profitable company in the Copper mining industry should be valued a lot higher, imo. T          

[mjh9413]

I doubt they will use cash for such purpose when El Roble is on protracted path to resolution. I hope latter will end in Coy favor but til then...