Mind you only if it is of value when you are talking investment.
Based on progress to date at Touquoy & Cochrane Hill, added to the company's optimism - refer all recent developments and the Chairmans address today - you would expect the SP to be well north of 18 cents by October 2009. If it's not then something would have gone terribly wrong.
Bottom line is this.
ATV have control over 1 million ounces of Gold. They intend to mine the majority of it for a start. Within that mineable amount the expectation is it will yield better than expected production. This is before they even start more extensive exploration, which the cash flow will allow.
Add in the Gold price - check out where it's going by October 2009 if you read the Bulls.
Equals? Well I'm no mathematician, nor can I predict the future specifically, so lets just say it ultimately Equals $'s.
For non holders suggest it's worth a bit of research.
If you like the story and believe in the principals - Wally Bucknell, Ron Hawkes et al then it's a BUY.
For holders no further research required...just kick back, watch, wait and smile.
ATV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
