RE:2 things that might be at play todayWhy don't you consider doing the minimum due dilligence and read the ATAC company presentation and also, the news release about the ABX earn-in agreement. You will feel probably feel much better about your decision to invest or not. And with a little more research, you will find that ATAC was careful with their/our money during the downturn and hence their was little progress. That is all changing now.
Here is an excerpt from the April news release.
April 10, 2017 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce that it has entered into a number of transactions with Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) (“Barrick”) pursuant to which Barrick can acquire an interest in the central portion of ATAC’s Rackla Gold Property (the “Orion Project”) and make an $8.3 million investment in ATAC. Under the terms of the property earn-in agreement (the “Earn-in Agreement”) Barrick can acquire up to a 70% interest in the Orion Project. The transactions consist of a potential total investment by Barrick of approximately $63.3 million, which includes a private placement of $8.3 million and a two staged, $55 million exploration earn-in option to acquire up to 70% of the Orion Project.