ATAC UpdateI just received a call from a friend who had spoke to Graham Downs yesterday. He said it seemed that Graham had been getting his fair share of calls regarding upcoming results, for he had answered the first question before it was even asked. He got the impression that Graham was busy to say the least so he kept it short. This is second hand so I’ll keep it basic and to the point.
DRILL RESULTS:
All assays completed to date will be released before the pp closes.
TIGER:
All 3 drills have been steadily turning with one just having being moved onto the marble alteration area. Tiger will be drilled all summer.
OCELOT:
Almost 4 holes have been completed to date and when asked if there’s a Rau target that can be drilled year round, Graham stated that Ocelot would be the one.
OTHER TARGETS:
The Now target will be drilled next, followed by high priority targets such as Sten, as their location enables only a small window of drilling activity before the weather returns as a determining factor.
This all seems very encouraging to say the least and one would think that results for at least 20 holes should be ready by now. As for the Tiger zone, it must be proving worthy as drilling is said to continue through the summer, also of particular interest will be the future results from the marble alteration area, which could prove ATAC’s possible geological theory true. And now that the 5th drill is being deployed to Osiris, it's possible that if any of Rau’s targets appear to warrant a strong interest for another drill or two, we definitely have the resources to pull it off now, instead of waiting until next year.
I haven’t been my %100 ATAC self the past couple of weeks for I prefer to err on the side of caution when something justly requires it, and also considering that a few friends that I have turned onto this stock have a heck of a lot more money to lose than I do, I don’t want to paint the sky all blue when there’s some possible disappointment in the forecast. Although now it is looking increasingly likely that they could be in for substantial gains!
The news of Osiris today seems to suggest that this financing was more likely timed for a nice entry for eager investors who wouldn’t have had a chance going through the regular route at these prices and that volume. As I’ve said before, I’m long term on Rau and believe one day it will take off like a rocket, yet at the same time it sure is difficult to not to get too excited about the possibility of the upcoming results launching us quite a bit sooner. Exciting times indeed!
GLTA!