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Atna Res Ltd ATNAQ

Metals & Mining Gold
"Atna Resources Ltd is a Gold mining company. The Company is engaged in the exploration, development and acquiring of mine precious metals, uranium and other mineral properties."


GREY:ATNAQ - Post by User

Atna Res Ltd
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Comment by the_ocotilloon Feb 24, 2010 9:19pm
341 Views
Post# 16817545

RE: RE: RE: RE: Really abhor Atna management....

RE: RE: RE: RE: Really abhor Atna management....OK, but to my understanding, the 24,272 oz. number you site from the Feb. 22 press release is relating to "mining production" not gold ounces produced. ........ "Mineral reserves at Briggs decreased by an estimated 34,333 ounces of contained gold as a result of depletion from mining to December 31, 2009 (24,272 ounces)".....as you illustrated, if you use that 24,272 number and interpret it as gold production, you get 16,703 oz. produced in Q4 (or thereabouts), which although I wish it were true, probably isn't.  (The stock wouldn't be trading at 62 cents if they produced almost 17,000 ounces of gold in the fourth quarter). 















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