When Pattersons did their research on atv [announcement 29/05/09] they put a NPV of $98 million on atv....thats over 30 cents per share.NPV.and there are only approx.350mil. shares on issue...since then reserves have been increased and gold price has risen....that makes the picture even better.Oh yes, and they raised more cash at 6 cents and that wasnt done so Martin place securities could lose money...And just for burley some takeover possibilities suggested by some. Why?? are we dealing with a price of only 6 cents.....is it a bookmakers 5 to 1 that they wont get up...surely its a 2 horse race and my money is on cochrane hill and nova scotia..someone tell me why I shouldnt feel optimistic........EG. war breaks out in canada or gold is dropping to $500..world runs out of money....am I missing something?...dont be too unkind. DYOR and please let me know. I hold stock but am not ramping just trying to grip the logic of 6cents. Answer...there is none
ATV Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
