Atikwa Resources Inc. V.ATK

Class Action

[investeur2]

Is there a possibility of a shareholder class action on the basis of the statement made in the Sept. 4 news release: "Parallel to this strategy Atikwa intends to continue to execute on its current development program, which includes the drilling of at least two additional wells on its properties in Manitoba and potentially one in Saskatchewan before the end of the year."

[Drillin_is_Thrillin]

It would be like suing a homeless person for his furniture.   They are not dead in the water by choice.   They are done as an operating entity until/if a deal is done.   

[investeur2]

True, but at least it would send a message to other management that they shouldn't act with inpunity and complete disregard for their shareholders. Shareholders need to have faith that management will operate in their interests rather than their own self-interests.

[Drillin_is_Thrillin]

You may want to consider keeping clear of Canadian Junior Resource Companies.  I look at it this way.   When I  place a bet on these type of companies, I go in with the assumption that I am not dealing with the Warren Buffets of the world.  I am willing to accept that there will be a certain level of questionable activities.  And, that it will be very possible, as I