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Ann: Quarterly Activities Report , page-6

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  1. 146 Posts.
    I think what the report is saying is the small amount of gold extracted was because it came from low grade stockpiles and not because production was stepped down. Perhaps it was necessary to remove these stockpiles for when normal mining resumes and the cost of removal was offset by extracting the small amount of gold resulting in the production price of $1600 plus per ounce. I do feel that all shareholders deserve an explanation as to why the high costs and why was a very low edging price was entered into when gold was on the rise.
    Perhaps the Board of Atlas believe they do not have to give an explanation to us mere shareholders.
    I for one will be demanding a clear explanation and think if this is followed my more shareholders sending an email demanding the same then perhaps they will keep us more up to date in the future rather than only sending out positive announcements on drilling.
 
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