Athabasca Minerals Inc ABCAF

Primary Symbol: V.AMI

Building Materials Building Materials

Athabasca Minerals Inc. is an integrated industrial minerals company focused on the production and delivery of frac sand to Canada and the United States. Its AMI Silica division has resource holdings and business interests in Alberta, North-East BC, and the United States. Its AMI Aggregates division produces and sells aggregates from its corporate pits and manages the Coffey Lake Public Pit on behalf of the Government of Alberta. The Company’s Metis North Sand & Gravel division has a strategic partnership with the McKay Metis Group to deliver aggregates to the energy, infrastructure, and construction sectors in the Wood Buffalo region. Its AMI RockChain division is a midstream, technology-enabled business using its RockChain digital platform, automated supply chain and logistics solutions, and safety programs to deliver products across Canada. Its TerraShift Engineering division conducts resource exploration, regulatory, and mining, and is also the developer of the TerraMaps software.

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Athabasca Minerals Inc

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Comment by nobletraderon Sep 27, 2012 12:15pm

136 Views

Post# 20420749

RE: Short Position?

Don't think anyone can short this stock at this price level. The quick drop in price could have been a stop loss kicking in or profit taking.

Todays move in price will likely continue as revenue growth and cash flow is very strong. This could go much higher in the new year if the US continues to improve and the US government starts spending on its crumbling infrastructure.

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