re: Ann: Kalgoorlie North Gold Project Acquis... The market isn't too excited because of the size of the project. Lets face it, junior gold miners are 10 a penny (dreadful) at the moment.
250,000 ounces isn't a big resource when compared to Newcrest, Lihir, Newmont and those sort of people. What i think the market needs to take in, is that, 250,000 ounces that looks like it can be mined fairly cheaply is worth well over a quarter of a billion dollars currently.
A junior company like Atom with its relatively tight capital structure, armed with an asset worth >$250m represents to me the potential for substantial share growth when they embark on near term production.
I need to find something to sell so that i can get on board again.
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