To the contrary not prayer, being blunt is fine, its to the point.
Short term sp is not important to ATN or their share holders, thats obvious. However there is no doubt now that there will be sp spikes along the way as recently experienced and there will be more soon enough.
The spikes might be important to traders but the overiding fact is this is an iocg project and the expectations in early Oct were blown out of all proportion when the sp spiked so much. Sustainable sp growth is the absolute key and it T'd off the 1st week of September.
I agree, sure better results will benefit the sp and sentiment is impotant too. Trading principles based on hope is nuts, i don't do it nor should anyone else who is serious about this business. But future results whatever they be, should be kept in line with the project that ATN are exploring/developing here.
Have a good weekend.
Though i disagree with your message that 'ATN is now in a worse state then 1 month ago'. A further 8 assay results and soil sampling are yet to be reported.
Don't forget Mt Webb is an IOCG project exploring an ore body over a vast area as opposed to a VMS proj ie SFR. Mt Webb could be potentially be another Olympic Dam or Prminent Hill project.
It is the recent drill results that are key to it's sp not currently retracing to the levels prior to the 9th October, I would also suggest that ATN has now been oversold, a good buying opportunity for those who foresee the potential.
It's early days imho and future result will no doubt decide its future. Enough said dyor, Good luck all holders
ATN Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held