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Perhaps you should read the entire order!
Atacama Resources International Inc. (the Issuer)
Background
1. The Issuer is a reporting issuer under the Securities Act (Alberta) (the Act) and has failed to file the following periodic disclosure pursuant to section 146 of the Act:
(a) annual audited financial statements, annual management's discussion and analysis, annual information form and certification of the annual filings for the years ended 31 December 2015, 31 December 2016 and 31 December 2017;
(b) interim unaudited financial statements, interim management's discussion and analysis and certification of the interim filings for the interim periods ended 31 March 2015, 30 June 2015, 30 September 2015, 31 March 2016, 30 June 2016, 30 September 2016, 31 March 2017, 30 June 2017, 30 September 2017 and 31 March 2018.
Decision
2. Under section 33.1 of the Act, it is ordered that trading or purchasing cease in respect of each security of the Issuer until this order has been revoked or varied.
27 July 2018
beware of so called experts do your own DD you don't have to file a 43-101 to have the CTO lifted. Make a call dude quit making stuff yup
again do your own DD in order to lift the CTO all the have to do is file audited statements. No company would file a 43-101 until after they have done extensive drilling. Do you even know what a 43-101 is?
that is incorrect to get the CTO lifted they need to file audited financials. Read the order its on the OTC site 43-101 is not required to lift CTO
https://www.otcmarkets.com/stock/ACRL/news/ASC-Cease-Trade-Order?id=199504
Lol yes it’s a high density area. I don’t think you have talked to anyone. Certainly not the company. You just googled it and are trying to be an expert.
Everyone sees that in your writing, the so called knowledge of the OTC.
Do you own DD get on the phone talk to he company, talk to the regulators get the real story.
Yes, it’s more the miss use of words that caught my attention. ;)
Have have a good night LB
I’m not sure where you get your information but it has lots of holes in it, the first quarter financials have been posted for some time. Thumping lol that’s hilarious!
Thump away my friend thump away!
Yes I feel the same way Glenn was always up front with me to. I agree with you on the apps if they ever get any royalties I would be surprised but it would be a bonus if they do.
It’s all about cash right now and getting some work done. I have some other gold exploration companies as well and they are starting to take off. If they have any hint of gold the market cap could quite easily triple and very quickly.
And if some of the other properties pan out this could be s big one. I would be willing to bet that there is a big percentage of Canadian share holders reducing the tradable shares pushing this even higher. We have to be patient and wait for the CTO to be removed.
I’m no expert but I have been around the block a few times these guys want this to succeed and this is not a scam IMO. In the end it’s about what’s in the ground and getting enough cash to prove it.
Yes it’s clear as mud :) .
I think the only way the cease trade order will be lifted is if the company scratches up enough cash to do some drilling and they get some spectacular results. That will bring in capital for further exploration and audited financials. IMO
They need the financials audited back to 2015. If you read the cease trade order it states that. When they prepare the financial statements now they use the same accounting practices but they are not audited. The cost for this was going to be around $50000 that’s why the company went to non audited financials to save money. If they have it now or not I don’t know.
But I can’t see the CTO being lifted anytime soon. I have tried to contact Mr Grant about this but he has not responded.
No it can’t, we are on a extended no trading holiday when ACRL is concerned:). And I don’t see that changing any time soon.
I would be willing to bet between 10-30% of the os are held in Canada. It would be interesting to take a poll here and see how many shares are held by Canadians on this board.
Can you share the information that says the CTO will be lifted?
Haha have a super Saturday!
Oh Canada!
It would be interesting to know how many shares are held in Canada.
I would think it would be a significant amount.
Hhmmmm well that’s the most informative thing I read on this board in quite some time:) F vrs C
You’re getting colder
Well 28:00 hours and a clown car seems appropriate at this juncture!
So if we file the -58 we can all be gaziilionaires.
Or really cold not sure which one is reality.....
No I respectfully disagree it’s -58 ??
Do you know what a 43-101 is?
Can you reference the so called claims that he has made?
There is nothing to report, they need to spend millions to get enough info to do this report.
Are you talking about the class B shares for $2500?
Isn’t that what I said lol. Except you don’t have to fall asleep while reading it
I’m sorry but you are wrong. Canadian security regulations do not apply to”the world” lol. That’s why they can trade in the US.
Because Glenn a director of the company lives in Alberta. The company has to follow the Alberta securities regulations. They did not file audited financials back to 2015. (see notes on CTO)
The rest of Canada recognizes this cease trade order. This is so ridiculous write your MLA and or MP. We can trade a company with the same structure and reporting as long as no one lives in Canada it makes no sense.
They are totally useless lol it’s absolutely relevant
He is a resident of Canada just like the rest of us he cannot trade ACRL shares
He could not trade them anyway he is in Canada.So there is no "free up" without audited financials and the CTO lifted.
I heard rumors that your rumor was just a rumor!
I agree as well the only thing that has changed is they don’t submit Audited financials. They still use the same accounting practices and file financial statements. This saved the company over $50,000. It was what they needed to do. The focus should be in raising capital and getting some core samples which seems to be what they are doing. I have talked to Glenn several times over the last 18 months and he has never said anything to me that turned out to be a lie. I can’t say I agree with everything they have done but they seem to be moving ahead. It’s frustrating but being able to trade in Canada is all.
It’s like reruns of the fire place channel...., yawn
Google it! one company I have stock in is doing this in Mexico TSN Telson mining
Thanks
There are new processes to extract higher percentages of minerals from tailings. This can be an asset in certain situations.
No worries it’s easy to mix the two we are on the metric system here but I’m old school and old lol. I use both :).
Happy Independence Day from Canada!
That could be grams per tonne not once’s
I dont think your numbers are correct
1.5 oz is about 42 grams per tonne
That would be stellar!
There is usually a gold equivalent number that includes all metals recovered 10-15 grams per is a good number. It also depends on mining and milling cost which can vary.