MJ read the announcement which clearly states that they are abandoning the Touquoy project and Beaver Dam in favour of permitting a much simpler and doable FMS standalone project with four open pits, a very low strip ratio and far less enviromental disturbance.
I was a shareholder in Atlantic Gold when it was taken over and now I get to reinvest in the project for free since the stock is trading at less than cash backing.
As i said before, the problem in Canada is the regulators and local community with this project. The project is very robust due to the low strip ratio.
MJ read the announcement which clearly states that they are...
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.5¢ | $384.4K | 1.824M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102500 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 312884 | 5 |
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| SBM (ASX) Chart |