ATV 5.00% 1.9¢ activeport group ltd

I find it interesting how quite this little company has been in...

  1. 97 Posts.

    I find it interesting how quite this little company has been in recent history, even though in my opinion it is one of the better juniors out there. I get the feeling it won't be so quite (shareprice-wise and thread-wise) very soon.

    Lets have a look -

    - Very low Market cap of around $20 million.

    - Most exciting project is in Nova Scotia, Canada.
    - Very low geopolitical risk.
    - Strong mining and finance for mining culture.

    (in regards to the Touquoy project in Nova Scotia)

    - Over 650,000oz resource (about 85% is measured
    and indicated)

    - Currently - 7 year mining op. planned @ 90Koz/year

    - Low cash costs of under $250/oz

    - Very high gold recovery - (soft host rock) - >95%

    - Low stripping ratio shown from testwork - 3.5/1

    - Quality management with Ron Hawkes, Wally Bucknell Robert Symons at the helm (name Plutonic ring a bell?)

    - Great location in regards to high quality infrastructure, workforce and the very cool Canadian folk music scene (if that your kind of thing).

    - Only thing that has been holding ATV up is the acquisition of the required permits (re: environment, archaeological and societal), but all that looks to be coming to favourable conclusion as we speak. - looks like Canadian bureaucracy is wrapped in almost as much red-tape as our own!

    - Feasibility Study on budget and due within the next month or so. (This is a biggy for those who need a bit more certainty/security before parting with their hard-earned).

    - They have plenty of additional property, drilling has been/is currently taking place and a resource upgrade is very much on the cards.

    - Canadian folk music makes miners mine faster. :)

    One to watch in the near term me thinks.

 
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