Just an update, from nice volume to zero volume!!! Obviously nothing expected in terms of news. I guess news expected in 2-3 weeks, read on:
Today I spoke to the management of ATN & asked them the following:
1) Impact of Volcanic activity on North Sulawesi eruption - He said drilling has no impact, and drilling continues
2) Drilling status - completed 2 holes, close to completing the 3rd hole.. no comment on content or what the Geo said
3) Expectations of results: Late July/Early August as stated in their release on 23rd June. Again it depends on what the labs do, I guess the result will be linked to the first hole, more holes will follow as and when available
4) Quarterly due out soon - I think late next week, expect an update on their drilling activity and all other projects inclusive of Pokoholi
So lets keep waiting for a good announcement on some excellent results..
PS: More volcanic activity in indonesia, setting the base for minerals in the future (ofcourse, we won't be around, but future generations will have excellent deposits to drill!!)
ATN Price at posting:
4.2¢ Sentiment: LT Buy Disclosure: Held
