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Uh oh. Looks like Eggy's blown a gasket.
Taking this Atascam way too emotionally. Gotta be one of the players (one of the ménage à trois of Grants? DePraver?) or a serious, mondo bagholder (coulda sold at 4 cents, Eggster).
Now, where are those dag-nabbit 2,000 assays from the seventeen (17!) drill holes...??
Make Atascama Great Again!
And I have said a million times, junior explorers do not make revenue. The only way you make revenue in this business (at least legally) is to mine a commodity at a profit. 99% of junior explorers, IF they're skilled/lucky enough to find something and drill it out to an economic resource, sell it to a mining company. That's a lotto win, not 'revenue'.
Junior exploration companies go around cap in hand begging $$ from potential investors (institutions, high-net-worth individuals and retail) by promoting their wares (the exploration opportunity) and the potential for a very high ROI if they explore, discover & drill it for 3-5 years and turn it into a potentially economically viable and mineable mineral resource. Extremely high odds against success of course, but that's the nature of this business.
Y'all really don't understand this business, do you? Maybe go back to weed stocks? I hear they're gonna do very well if Slow Joe and Carmela legalize the shit to improve their reelection chances...
Hey Toucher. Provide one link where MacRae or Grant have said or written anything about 17 drill holes. Or anything about the alleged drill program. They sure as shite have not penned their John Hancock's as QP's on a single news release about the "drilling", standard practice and a NI43-101 requirement for real exploration company's technical news releases.
A casual mention of 17 drill holes in your daddy's news release on the geophysics surveys doesn't qualify for squat.
I'm too polite to call you an arsehole, but I must say you have the intellect and maturity of a grade-schooler...
17 holes drilled with the Acme mini-drill was all that Atascama could afford.
As for assays? Fuggedaboutit...
Won’t put me over the edge Jan. Just professional curiosity. This is what I do, part time now, assess properties for exploration potential. Explore them. And if you’re lucky to find something drill it out to a resource, with up to a dozen drill rigs going if it’s really large.
And I worked in this area many years ago, both at one of the two mines a little north of Tannahill, and on district exploration, but not quite as far south as Tannahill. But I know the geology well enough.
So, if these guys did indeed drill 17 holes, I’m curious to see the results. Because exploration is exciting. Even clowns can get lucky sometimes…
Won’t put me over the edge Jan. Just professional curiosity. This is what I do, assess properties for exploration potential. Explore them. And if you’re lucky to find something drill it out to a resource, with up to a dozen drill rigs going if it’s really large.
And I worked in this area many years ago, both at one of the two mines a little north of Tannahill, and on district exploration, but not quite as far south as Tannahill.
So, if these guys did indeed drill 17 holes, I’m curious to see the results. Because exploration is a rush, like
Can't read? ESL or you didn't get through grade school? Sorry Eggs. Maybe a remedial night class?
The real losers are those who invested their hard earned pesos in this pig and sat here for 5-6 years believing all the stories (and some of them were cray-cray, eh? Like First Nations mining partners coast to coast to coast) and watching the SP go nowhere. Why the heck didn't you sell at 4 cents, Eggy?
Now bring on those assays!!
Sure, numerous surveys. Airborne mag, ground mag, VLF, Max-Min and some IP. You won't find one square inch of ground in this part of the word not covered by multiple geophysics surveys. Maybe where Atascama did the IP was not previously covered by IP, I dunno, but I'm sure it would have been previously covered by at least a couple of mag surveys. But if you're doing IP, doesn't take much longer nor cost much more to also walk the lines with a magnetometer. 13 klicks is 3-4 days of walking mag.
Geophysics is fairly cheap, and their VP Ex used to run his own geophysics company so I'm sure has access to the equipment and field guys.
What astonishes me is the 17 drill holes. Would like to see the details, and some assays of course, duly signed off by a QP.
C'mon Eggster, Toucher & Janice. You guys are slacking! Didn't even post Atascama's news release, so I'll do it for ya.
This is quite interesting: 17 drill holes! They even show them on their crappy resolution map. No drilling details listed though.
Bring on those assays! - will be a while yet I guess given they're just sending them to the lab now.
Of course without a "Qualified Person" (or Competent Person) statement on their news releases, they have no validity. None of the awesome geotechs willing to sign off on this?
"Logging of holes 1-17 is complete, and samples are being sent to the assay lab."
https://www.newsfilecorp.com/release/208173/Atacama-Resources-International-Inc.-Releases-the-Results-of-the-Magnetic-Field-and-Induced-Polarization-Surveys-in-Tannahill
Huh? It's just geophysics, Jan. And a tiny, tiny survey at that. This is a 13 line-km survey. I'm used to conducting and working with many thousand line-km surveys. This little survey probably isn't going to unhinge me too much.
Mag & IP useful for geological and structural interpretation but are not a direct targeting tool for gold in this locale.
You think there's going to be a stampede of new investors over a mag high or low? A chargeability anomaly or a resistivity low?
It's a useful distraction to the lack of drilling assays at least...
So, no assays? Shocker...
Don't be a goofball Janice. I've explained what a 100-grammer - grammies, gramsXmeters, grade (Au grams per tonne) X thickness (meters) is. Pay attention in class more and you might start investing in reputable, promising mineral explorers.
And my promise remains, Atascama gets just one lousy 100-grammer drill intercept and I'm outta here.
But you and I both know, it ain't gonna happen at the doggy TANNAHILL!!! Woof.
Now back to my gardening before the rain returns. Ciao...
why not do it?
Obviously not a real mineral explorer.
I think we both know, either:
A. There is/was no drilling, no assays, or
B. They drilled one or two short holes (more than they could afford), the assays were shite, and so they'll try the critical mineral con next.
I guess we'll find out time appropriately....
What drilling program? Not seen a NR signed off by a QP describing the details of this "material" event as is a basic requirement of real explorers following Canada National Instrument and Securities Commission regulations. Until then, this is just hot air from the clowns 🤡🤡 and you mugus 🤪🤪
What's to love exactly, Janice? Since announcing this drilling program, ACRL SP is down 7.2% and volume is anemic. Even the mugus aren't buying it...
Let's see those 3-day assays then. Show me at least one plus 100-grammy Au intercept (properly documented by a QP with appropriate QA/QC conducted) and I'll leave you girls in peace forever more.
Where are those pesky assays?? Been 6 days now; so much for 3-day turn-around...
Similar cost here. Maybe C$60K for the 2,000 samples. Plus they claim to have sent another 300 samples to different lab for QA/QC purposes, which makes NO sense. The purpose of QA/QC of course is to monitor the "quality" of the lab that is assaying your samples, not some other lab.
Interesting how Eggster was quite defensive of lithium exploration which was the subject of of Grant's latest CEO corner chat; "Fed’s Incentive Program for EV’s" I suspect Li-anomalous carbonatites at Atakokan [sic] may be in their future after getting skunked at THE TANNAHILL!!!
Bad timing for a lithium grift though...
Assays?
No, of course not....
Can you read a commodity price chart skippy? Have a look at lithium. Nobody's spending $$ on greenfields lithium exploration now.
The market's oversupplied and there's a few mega-projects out there that make exploration for hardrock spodumene LCT mineralization pointless... Geez, you saps are dum. 🤪🤡
Another gem from Glen:
"We are on target with our 2024 construction schedule"
What are we constructing? Are building a mine???
Yep, I tolds ya Ethel, these boys gots rivers of gold and will be mining any day now...
It's spelled Atikokan. What kind of a micky mouse operation can't even get the place names their properties are supposedly next to spelled correctly? They also spell Timmins as Timmons. C'mon, where are these clowns from? Plantation Florida? Hicksville Alberta?
By the way Touchy, lithium is dead. That is, there's a supply glut, it's price has absolutely cratered and nobody wants to explore for it any time soon...
Yeah, you're right, it is hard to believe these clowns found half a mil C$ or more to drill 2,000 plus meters. 20 x 100m holes? 10 x 200m holes?
And in this style of mineralization, narrow, easily identified qz vein or silicified/albitized zones in boring, grey-green volcanics, no way you cut, sample & assay the entire hole, just the visually good looking bit of core, maybe 10-20% of the hole. 2,000 samples (1-meter each) could be adequate for 10,000m of drilling in this geology. 10,000m is around $2M all-in. Don't believe it for one second of course, unless Grant won the lotto.
So what's the angle? Stall for a year with goofy excuses for delayed assays? Oh, the assay lab burned down and all our samples were lost. Couldn't quarter-split the remaining core because the core shack also burned down and all the core was lost. That actually happened to me once. Dang wood stoves...
We want assays...!
That’s what we do.
And if the gold is there, he will hit it.
Assays in 3 days! So exciting; just like Christmas Eve…!
Even a great geologist does not KNOW where the goods are in exploration drilling, Janice.
That's like saying an experienced handicapper at the track KNOWS which horses are going to place in the trifecta.
Our years of education and experience can assist us to put exploration drill holes in the most optimum locations for best results, but if the gold ain't there, it ain't there.
Is there significant (potentially economic) gold at THE TANNAHILL!!!?
Even I don't KNOW that. But judging by the considerable drilling to date, with the very best drill intercept being only 25 grammies, my learned opinion says don't bet the farm on it...
Three day turn-around for assays. Awesome!
I've never heard of a lab that only does gold assaying though. Very curious, that. Is this lab in the Clown Operating Officer's basement?
So Touches-himself, we should know by next week whether THE TANNAHILL!!! is a bowzer, or a decent project.
2,000 samples implies a minimum of 2,000 meters of drilling (one meter core samples is standard) which is a fair amount of diamond drilling (probably around half a mil C$ all-inclusive). Should be enough to get a good sense of THE TANNAHILL!!!'s true value, n’est-ce pas?
Tell ya what. If they release even one > 100 grammy Au drill intercept signed off by a real QP (as per NI43-101) and released on a public news wire (not CEO's corner), I will banish myself from here for life...
The only way this is "personal" to me is because mineral exploration is my vocation and I don't like to see grifters trying to scam funds from investors when the real explorers (like myself) struggle to secure funding for legitimate exploration on worthy projects. This is a tough market; worst I've seen in my several decades in this business,
I have no investment in Atascamarama 💩 and I don't know nor have any history with the clowns involved with the company, past or present, nor any of the posters here.
And it's fun to troll you retards 🤪 who believe, or pretend, this is a legitimate explorer and their properties have any geological merit.
Show me the drilling/assays then if it's legit. Been two months now....
Mugus.
Y'all know they cant still be drilling, if they ever were. At +/- C$20K/day. Two months in and that adds up to $1.2M. Yeah, riiiiight.....
As for assays, if they got something hot you don't think they'd release it? No assays = shit results, or they weren't drilling in the first place.
So, what are they up to kids? Just clowning around?
Give your heads a shake and buy a real junior mineral explorer. Lots of them out there that only cost a few cents but could go to dollars if they're on the right geology, plus hard work, a bit of luck, and assays, assays, assays...
Hey, that could be it, eh? The core was just effing dripping with gold, so they had to run screened metallic assays to quantify all of the gold. Or maybe they're trying out the new lab in Timmins' Chrysos PhotonAssay technique? I hear it's the cat's a$$ when it comes to non-destructive analytical methods...
PhotonAssay of Atascama's Tannahill drill core found sprinkles...
Not too late for the Clown Motel business foray, I don't think.
Between the several Grants, a host of dusty, old geos and the new COO (Clown Operations Officer), plus you clowns, there's plenty of bodies to work reception, housekeeping and maybe even run a small diner in the lobby serving up clown burgers and fries and balloon animals for the kids.
I won't ask about assays anymore because I know there will be none. Nada. Zip. Zilch...