The economics of the Touquoy Project just keep getting better and better and with resources at Touquoy & Cochrane Hill now 1.2 Million Ounces things have never looked better for Atlantic Gold.
Production is scheduled for late 2009 and with an extremely profitable project significant cashflow will then give Wally Bucknell the exploration funds he needs to exponentially grow the Nova Scotian Gold industry and reward shareholders for their foresight in backing proven professionals.
To date Wally Bucknell has had limited funds available for exploration but even with these limited funds he has expanded resources to 1.2 Million ounces from an original starting point of approximately 405000 ounces and the mind boggles at what will be found in the extremely under explored gold fields of Nova Scotia when Touquoy starts producing gold and Wally Bucknell has some serious funds to explore with.
At Plutonic Wally found 11 Million ounces and you get the impression Wally is more enthused about the potential of Nova Scotia than what he has achieved already in his impressive career.
The share price is ridiculously undervalued at 16.5 cents.
