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Atico Mining Corp V.ATY

Alternate Symbol(s):  ATCMF

Atico Mining Corporation is a Canada-based company, focused on exploring, developing, and mining copper and gold projects in Latin America. Its segments include El Roble mine, El Roble exploration and evaluation (E&E), La Plata E&E. Its El Roble mine segment include its mining operations at El Roble. Its El Roble E&E segment include E&E activities at El Roble. La Plata E&E segment include E&E activities at Compania Minera La Plata S.A. (CMLP). The Company’s principal project El Roble mine is an underground copper, gold and silver mine and processing plant located in the Department of Choco in Colombia. This operating underground mine has processed approximately 3.5 million tons of copper-gold ore. The La Plata project is a gold-rich volcanogenic massive sulfide (VMS) deposit. The La Plata project consists of two concessions covering a total area of 2,235 hectares along its nine-kilometer length, which contains mineralization in two VMS lenses and nine priority exploration targets.


TSXV:ATY - Post by User

Bullboard Posts
Comment by whodathunkiton Jan 15, 2003 8:26pm
250 Views
Post# 5766917

RE: Proxy Vote -- Thoughts?

RE: Proxy Vote -- Thoughts?I withheld on the directors and voted against the increase in shares for the Share Options plan. If the shares get back up into the teens next year then maybe I'll agree to an increase if they ask for one at that time. At this point to vote for an increase is rewarding the future options holders for the current drop in price. They would benefit tremendously from a share price rise whereas a lot of current long term share holders would only be getting back some of the losses they have incurred over this past year (yes I would be one of those). Doesn't seem fair to me. I say they have more than enough already!
Bullboard Posts