Atna Resources Ltd. (fka ATNAQ)

[brandemarcus]

Think that atnaf has one year on their refinance also-same as anv. Not holding so well , but I am kind of use to this. This is the same as last year at this time only considerably worse. Sentiment is so negative there has to be some turn around after tax loss season ends. Really amazing is the drop in Iag. Iag has 700 million in current assets( substantial amount of )inventory though) , 300 million current liabilities plus 600 million long term debt. Then they are selling niobium rare earth properties for 500 million. Net 300 million to 400 million buys you an 800k producer. Perhaps that niobium deal won't go through or they could waste the cash. Still this seems quite pessimistic but who really knows. Perhaps I will post a long message outlining the best jrs to lose less of your money or at least have the best risk or reward. Who knows maybe I will post a bullish case for gold and silver. That should get me eligible to be declared insane once I go in more detail The clincher will be when I make the case for mining stocks. Gold price/ to xau ratio is cheaper than November 2008 and the absolute level is near the 2008 lows. One other thing nobody points out is that open pit mining is energy oil intensive so lower oil prices may cause a slight reduction in mining costs next quarter.