To buy into ATN now imo is mad gambling. Fundumentally, the 0.38% Cu result is very bad. This is a cut-off grade. Totally uneconomical. URL has been sitting on a 92MT 0.68% Cu reserve for years and couldn't do anything with it. 0.38% is a waste of drilling money. Unless they come up with some better results soon, the sp is going below 2c imo. ATN is now in a worse state then 1 month ago. Then noone knew what's in the ground. Now we know, and what we know is not good.
ATN Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held