ATN 0.00% 0.2¢ ashburton minerals limited

results due soon, page-10

  1. 349 Posts.
    Nicola

    I believe the results so far are indeed very promising - low in grade but vast in area. With this current drilling program being quite small in scope I was confident they had analysed all the information gathered so far and had a good idea where to target in order to produce some reasonably impressive assays.

    And I admit and hope this possibly may still be the case.

    In a perfect world, your comment about information not being possible to leak would be true. But I disagree.

    Many here would remember the significant sell-off prior to the bad news from Obi being released. Anyone believing this was coincidental is just being gullible or closed-minded. And I'm pretty sure there was a similar but smaller sell-off prior to the Yea news being released.

    ATN isn't the only stock where this happens - I've seen several other instances.

    But having said all that, I may be wrong and I hope I am. It's just that it's unusual in my experience for sell-offs to occur prior to drill results being released. There's usually some excitement beforehand that causes the opposite to happen.

    Anyway, even if the results aren't good it's not the end of the world. I'm pretty sure there's some cash left to try again.
 
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