GREY:ATLDF - Post by User
Comment by
rob_oon Jan 31, 2012 10:07pm
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Post# 19472216
RE: Why Is This Thing Trading Like Such A Dog?
RE: Why Is This Thing Trading Like Such A Dog? My guess, and its only a guess, is that the guys who pull the strings are bringing this lower so that when the updated estimate resource comes out they got more of a profit. Also, its important to note, the grace period for the pp has not yet elapsed- I think it does so in April? There's not going to be much movement 'til then. If I were a bettin' man I'd say the PEA/PFS comes out right after the pp elapses and that triggers a run. I mean, with over 1 million + in the ground, how else can this co. be valued @ 10 million- a more reasonable amount should be somewhere in the 25-30 million range based on other juniors and where they stand compared to us. Finally, I think if the environmental thing is overcome and these guys can get the permits, we will be open to a potential buyout- remember that Newmont has a stake in the the co. Or, we will finally be valued accordingly. This, however, is all speculation and my opinion, it is important that you do your own dd.
Btw- the guy who said ATG reminds him of OSK--> lol, I wish... if we get to 50 centsI'd be a happy camper :)