RE: RE: Value and undervalue.
If I told you what my realistic share price of this company was, I would have to become a pumper and that is not my objective. The weakness in ATV sp's is failing to get the true information out to potential buyers!! But at 0.06 it is grossly undervalued!! That is my opinion and I bought and continue to buy (ATV) stocks with this in mind.
Having stated the above, when I invested in ATV I basically did a comparison of their posted drilling analysis,and potential resources (length, width, gpt and-- was the resource open in all directions), ....... with other company ore bodies that are similar in size, and, felt that ATV could realistically be in the
.13 range now, with a large up side to follow. That was based on ore body value only. But that was only one ore body ie. the Coldstream of which ATV only own %40. ATV has several very high quality properties 100% owned, so to me 0.13 added to whatever other properties might add in the future. In any case at 0.06 or 0.07 per share it is difficult to see how I could incur a loss....barring a total meltdown of the world economy. I did know that I might have to wait for the reward.
Watch for the magic 1+ million ounce reserve....then we could realistically be in the dollars/share....overnight. If gold / silver/copper prices go higher..........the potential goes higher. As I stated before, the majors are on the prowl for good gold properties and have paid up over $1100/oz. gold in situ! This is reality and not just wishful thinking.
My other comparison companies were trading from
.08 up through
.44, however the other companies reporting were not as width/length/depth specific as ATV. That is critical to get a feel for real value. When I managed to get true widths (from others) they were anemic compared with ATV, but were very cleverly marketed to make use of an investors imagination. People get a little strange when "gold" is mentioned....that is until you have worked with it as long as I have in the lab, and it becomes as common as salt on the table.........you then tend to look at it as common place, and are not so easily fooled by the spin doctors.
Some companies use the old "visible gold" play to enhance share prices.......but a speck of vg does not make a mine but it does make a nice imaginary picture which could suck money out of naive investors. True widths X true lengths X gpt is far more valuable then a flashy small length- unknown width- high grade gold report. That is what is impressive about ATV....for me. TOTAL OUNCES!
I always remember a quote by Mark Twain: His definition of a gold mine:
"A hole in the ground with a liar standing over it!"
That is why due dilligence is so important, especially if your new to the exploration world.
This is totally my personal opinion of ATV (and as requested a little speculation) , and each should do his or her own due dilligence.
For what it's worth,
Solver