OTCPK:MEAOD - Post by User
Comment by
JRaffleson Sep 15, 2010 8:07am
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Post# 17449670
RE: Tick Tick Tick
RE: Tick Tick Tick
Thanks for those charts btrev,
I was interested in ATAC Resources for more than one reason. Firstly, it's main project appears to be in the Yukon, close to the Alexco silver project, which I was interested in at one time. Of greater interest at this time is the effect of locating a potentially large gold project.
ATAC had a market cap of only $162m in August and this swelled to an enormous $630m before settling at about $450m.
This company has shareholder cap of $35m and no mining infrastructure, but excellent prospects, with its Yukon property being rated as similar to the Carlin Trend. ATAC will therefore be some way off producing a 43-101.
There must be great SP growth opportunities for Metanor, if the Barry deposit indicates that it could eventually extend to 3m+ ounces.
The tension is mounting.