ATN 0.00% 0.2¢ ashburton minerals limited

please explain

  1. 1,233 Posts.
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    morning fellow atn holders- have held atn in the past on the lead up to drill assay results being released and sold post release with very dissapointing grades to come back. i am not a holder now as i truly have a mistrust with the company regarding how they can possibly say that they have excellent grades and are extremly happy and report the dismal grades which were reported to send the sp spiralling down faster than the melbourne heat. i commend the crabb family for past successes with other listed companies but it is beyond me how such companies can reply to the ASX'S speeding ticket with a "we are not aware of any reason why " excuse after a 50million plus trading day and an intraday gain of some 40% and it is accepted by the asx.

    sorry to bore you guys as i understand that this such voiceing of my opinion should be directed to the asx but does it not sound so fishy and beyond comprehension that a listed exchange like the asx is happy to accept such responses to a speeding ticket and let the company continue trading when it is obvious there is things going on behind the scenes which us investors and possible shareholders are unaware of. i lost a bit of money with atn and am happy to take the loss because i followed the rampers on this one without a more detailed look at the reality but with that said,it was also such reports from the company that they were most pleased with the essay results and that they were excellent also gave me confidence to place some funds on this speccy. should such companies like atn be allowed to mislead the market about great and promising assay results when clearly they were anything but dismal

    to all following the atn train- be very wary about announcements from the company and even if you do your own research still be very careful when they say good things because it could infact be so far from the mark.
 
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