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Athabasca Minerals Inc ABCAF


Primary Symbol: V.AMI

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.


TSXV:AMI - Post by User

Bullboard Posts
Post by uniqueoddityon Jun 17, 2013 6:25pm
151 Views
Post# 21540093

Lack of news

Lack of news

At this rate seems we'll have to wait till the AGM in July to get any information out of them!!!  They haven't announced any new gravel contracts for the twinning of highway 63 or for in the Oilsands.  Nor have they provided an update on the progress for the frac sand deposit.  Both of these suggest that there won't be much new growth for this company

 

At the very least they should start buying back shares like they put aside money to do to help shore up the stock price and show that the company still has support in itself.

Bullboard Posts