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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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Post by taylor1988on Feb 06, 2012 1:55pm
298 Views
Post# 19495632

Incredible News

Incredible News

I don't think too much more waiting..

 

Today is just some shuffling of hands and ability to profit take with a news release for those waiting on some more liqudity.  ATN doesn't see 2~ M share days very often and the last day ATN traded 2 M + in volume it preceded this run to the $1.10 + level.

 

People have to start to notice at some point the value of ATN.. after debt it's $150 M enterprise value company trading for roughly $25 / oz based on just about 6 million ounces of gold.  Great jurisdiction, respectable grades, good shareholders (Barrick/Sprott).  I added today and will happily add more on weakness.

 

Couldn't agree more Teatime about your comment on 200k oz possible by 2015.. Pinson O/P + U/G certainly is a game-changer with over 1 Moz open-pit.. it will be interesting to see PEA numbers and plans for Pinson.  $150 M for a 200k producer in Nevada is a bargain unless we'll never be permitted and we are.

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