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Aton Resources Inc V.AAN

Alternate Symbol(s):  ANLBF

Aton Resources Inc. is a Canada-based gold exploration and development company located in Egypt's Arabian-Nubian Shield. The Company is focused on its 100% owned Abu Marawat Concession (Abu Marawat), located in Egypt's Arabian-Nubian Shield, approximately 200 kilometers (km) north of Centamin's world-class Sukari gold mine. It has identified numerous gold and base metal exploration targets at Abu Marawat, including the Hamama deposit in the west, the Abu Marawat deposit in the northeast, and the Rodruin deposit in the south of the Concession. The Abu Marawat Deposit is a high-grade gold-copper vein deposit located 35 km to the northeast of Hamama. Two historic British gold mines are also located on the Concession at Semna and Sir Bakis. The Abu Marawat exploitation lease is approximately 57.66 square kilometers (km2) in size, covering the Hamama West and Rodruin mineral deposits. The Concession also includes an additional 255.0 km2 of exploration areas at Abu Marawat.


TSXV:AAN - Post by User

Bullboard Posts
Post by James100on Dec 22, 2017 12:56pm
105 Views
Post# 27216877

CEO Comments on Dilution

CEO Comments on Dilution
Hello all, please see some notes from a conversation I had with Aton Resources CEO Mark Campbell on the issue of "dilution".
 
Mark has made it very clear that he has no intention to rollback the stock. This was done by the previous management 3 years ago and rollbacks are not positive for existing shareholders. He believes that building value in the company is how to sort out dilution, not rollbacks. High-quality prospects like Rodruin and Abu Gaharish, and starting production will take care of the issue of dilution. The nature of an exploration company is to consume capital on a fundamental basis until it starts production or establishes the value of the portfolio, which is what they are working hard to do at Hamama, Rodruin and Abu Gaharish. 
 
Thanks all.  Happy holidays.
Bullboard Posts