i smell something nice this month

Things are looking very interesting here.

I bought in last week for a few reasons, however most importantly because i believe the timing is right. I have a suspicion the next few weeks will be very positive for ATN.

Feb '10:

1)- Further news on Mt. Webb's sulphide mineralisation via EM survey will be provided THIS MONTH.

2)- News of new Gold/Copper acquisition. In the quarterly, Tom has clearly stated that ATN are actively looking for a new project. I spoke to the guys last week and i was informed that a new acuisition is very high on their agenda especially since the sale of the Brazil project. IMO only, we will be told of a massive acquisition this month prior to the expiry of ATNOA (Feb 28). We saw what happened last time...the stock flew from 2c to 10c prior to oppies expiry and the company made almost $1mill from their conversion.

Crabb and co. have the runs on the board (and also hold a decent whack of ATNOA), and if they were able to get a 500% return on moderate Mt.Webb results, imagine the run likely to be caused by a new acquisition. These kind of stock price runs don't just happen. They occur because of the solid connections of the people that matter. I'm backing this to happen again.

The options may not get into the money, but i'm having a rather large punt that they'll get close.

The way i see it, in the worst case scenario i could sell at 2c, at best i could sell at 10c...this one's a no-brainer for the month of Feb.