RE:RE:RE:RE:ATAC 2015 field season announced
Good debate. I tend to lean more towards Luker's opinion. I think you can't under-estimate Agnico's stake in ATC. They are the ones most likely to take it out when they have advanced the deposit far enough and with that representation, a 43-101 may not even be necessary. I am not a geologist but it appears they are trying to expand the potential rather than to firm up resource limits which likely breeds potential vs. a defined resource. They have the 43-101 on Tiger as a base which may allow them to extrapolate when they are trying to sell the company.
I own ATC directly + through SMD and they are definitely shareholder friendly. By blowing through their money they would be fully gambling that someone wants to take them out in the near term and my guess is they have not received that feedback from Agnico (or frankly the market). The targeted plan gives us a long dated option that the overall market turns or their drilling turn up something awesome.
GLTA