RE: JV ventur partner fot ATI ?That was the rumour the last few days ....................
I would say it only makes sense that they are taking to Majors .........................The size and scope of this find seems to still be flying under the radar of most people.
I find when stocks climb 400% in a few weeks most people sit and wait for a pullback before taking a position.
Most times I agree with that tactic However >>>>>>>>>>>>>
The amount of money these guys are talking about is staggering o say the least.
You will see small pullbacks ( like Now ) but they will be seen as buying time if people look at what they have.
I would say a Joint Venture would be in the works because the cost of drilling all those wells could be huge but Hey if you assume 10% royality on a few Billion dollars and 28 Million shares O/S
HMMMMMMMMMMMMMM Downside ...................Not really ..........Small tight float ..
Thats great for Huge runs..........When the Joint Venture is announced