My friend, H.A....People DID NOT sent the ATN Shareprice to .099 cents because of its ongoing programme.....I can show you dozens of companies with ongoing drilling programmes, even in much better grounds, with their sharprice remaining stagnant, or even going backwards (have a look at ADN....Extremely promising Grounds, announced an extensive drilling programme, yesterday and the SP went backwards today). They (ATN shareholders, traders etc.) sent it (SP) high AFTER the very positive announcement, upon completion of the Drilling -visible chalcopyrite- up BECAUSE they believed the contents of that announcement! Now, .36% Cu content is NOT minable even under the most propitious conditions, anywhere in the World. If I go and drill in Australia's outback, choosing at random, any spot, the chances are I will hit grades better than ATN's announcement today indicated (.36% Cu).... I am sorry If I write something you would rather not see and read, BUT I am used to ALWAYS writing and uttering the TRUTH.....BTW....I sold, soon after today's announcement, cutting my loses....
Cheers:))
ATN Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held