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Yes that's right over !MM owed by ACRL but promoters with their hair on fire tell us there is NO DEBT.
Desperation is setting in on the Pump.
"Gold, Silver, Cobalt, Diamonds, Graphene and more!"
Funny that there is no geological report or drill holes that show any of these minerals.
Could you kindly illustrate why you 'think' these minerals are on any properties of ACRL in economic values?
ACRL THE REVERSE PHOENIX!!!!!!
CTO will NEVER be lifted until ACRL completes FOUR years of audits.
And that's never going to happen either.
ACRL was a pig, is a pig and will be forever, a pig.
"CTO has been worked on and I expect in couple of months the latest to have it lifted, but if it takes few more,"
Ha, ha thanks for the morning laugh
"Some times its pure bullshit, other times its big lies"
No kidding...
"To hate is like drinking salt water. The thirst grows worst."
Caine form Kung Fu, 1972
NEWS FLASH FROM ATACAMA RESOURCES
Unfortunately, the cease trade order that was issued by the Alberta Securities Commission against the Company in July 2018 has negatively impacted our ability to execute on growth prospects and normal day-to-day business operations. As a result of this cease trade order, we are prohibited from selling securities (including shares of common stock) to raise capital. Legal and other costs associated with remedying the cease trade order (as well as other miscellaneous operating expenses) are being advanced out of pocket by key team members. We are committed to this Company and doing everything possible to see it succeed....We...cannot provide any sort of timelines or guarantees of outcomes...Furthermore, it is our hope (but again, there are no guarantees) that the cease trade order issue will be sorted in a reasonable amount of time allowing us to raise funds and pursue some strategic and high-quality property acquisitions.
NOTE ON NON-ACQUISITION PROPERTY TANNAHIL
*Note- Historical Exploration results that pre-date the adoption of NI 43-101 do not comply with current definitions prescribed by NI 43-101 or the Canadian Institute of Mining, and are disclosed only as indications of the presence of gold and possibly other minerals.
Smells like desperation: ACRL promoters are out full blast lately.
Not a good sign.
The real 'Rabbit Hole" is the notorious, fallacious Todora claims!!!
ACRL still hasn't paid Orbit drilling where they owe over $100k.
Nice try though
No you find a decent property, THEN you build a team that can interpret, 'figure out the particular property'; but then again you always get things ass backwards...
You , obviously, do not grasp the fundamentals of chart interpretation.
ACRL chart is on a bear trend once more; couldn't keep the stock closing at 2.8 cents, hence it didn't keep the Fibonacci number (61% of the last high) so I predict ACRL will be back to sub penny with a month.
A few times when the driller's helper got injured I subbed in helping the driller. Tough work, and you got to keep your head up at all times.
I didn't do great,was slow, but I did get the respect of the driller.
ACRL management screwed me; I told them I hold grudges,they laughed at me.
Lesson don't ever underestimate the Staying Power of a grudge in an Irishman.
Then with some reserach I found out what a POS ACRL was, and still is today with new management
Stock has been on a downtrend ever since-over 50 cents to 2 cents. I have been correct on the worthiness of this equity.
Anyways s, bud, I've been in the industry over 30 years alot of it in the Kirkland area, so seeing senseless promoters put up laughable ideas about geology, minerals, its not good for other posters as it all trash, misleading and, its not good for the industry for such jokers to cackle on about things they have no idea about.
Good luck if you are long, I'm sure you are a decent guy.
I think the poor lad has had enough Geo Tutorial for today.
But lets go over it once more so he can remember the lessons.
Drillers do the drilling not the geologists.
Ha,ha
Guys knows nothing about the business, however his ignorance never stops him from psoting inaccurate, sometimes laughable ideas!!
In 2015 Fred Sharpley was the head ACRL Geologist; he's over 80 and he certainly knows more than Egg.
Does anyone care about PLYN anymore?
The Pump is fading; I'm surprised it lasted this long.
Tiresias, the blind Apollo priest known for his clairvoyance; am I right?
Actually the post is racist such that is infers that Government officials would treat other races differently.
Nonsense, of course they would not; but in 'promoter logic' they will grasp at anything as a prop to keep ACRL 'pumping'
And, obviously, they have very little promotional ammo or they wouldn't have stooped to shoving the Todora Clown show down our gullets....
"When I show colleagues the ridiculous claims made about Todora, they cannot help themselves and laugh themselves breathless! How anyone can believe the tales of riches, and gold, and diamonds is beyond the comprehension of all reasonable persons.
There is no due diligence on Atacama that would be acceptable in any securities regulator hearing-the complete absence of credible (in this case credible means following the rules of disclosure as set out in various securities acts and not foolish claims made by those who are knowingly misleading the public). So for instance you cannot call a press release on Todora credible as there was no chain of custody established, the much promised assay results have never been proffered nor filed with any reputable government agency from the Ministry of Mines to securities regulators (I know, I know, it is upsetting to think someone is making these claims and call it due diligence when in fact nothing can be further from the truth! It's okay though, it's okay to cry.)
The only ones making such claims are the ones who have everything to gain from acceptance of the lies or, to take part in the deception but have to adhere to the game plan and state they are factual.
A little bird told me today, just about fifteen minutes ago, to watch for an official updating of consequence regarding Atacama, and it won't be news well received.
Hopefully by then Mr. Dion will be aware of all of the issues facing the company."
Excellent Analysis!!!!!
"It clearly is a matter of trying to distract attention from the issues of Atacama by focusing on an issue that ultimately has never been tested in court and which, if a favorable judgement was attained by any party, would still not change, in my opinion, the current plight and regulatory issues, both past, present, and likely future, facing Atacama."
Amen.
How does one have any faith in 90 year old Todora assays when there is no chain of custody?
A "Clown Show' si the appropriate description of ACRL.
Ha,ha you really don't know what happened do you?
Anyways, you have to stick to personal put downs and you have a real dearth of FACTUAL arguments on ACRL.
Here are the FACTS about ACRL:
1 Drilling is the only way to prove economic ore-ACRL hasn't drilled for over 4 years and they still owe over $100k for that.
2. Even if they wanted to drill no drilling company will work for them as they all know ACRL sandbagged Orbit.
3. Even if they paid a driller up front they could not raise money at this time cause of the mess on their p books.
4. ACRL hasn't produced an audit in over 4 years; if they were indeed sitting on 'World Class' mines surely the BOD do the audits ASAP?
5. The CTO that was supposed to be handled 2 years ago is still extant. The assertion from many bullish posters that it was 'to be fixed' strains credulity at this point.
6. ACRL's properties are not that great-south of the Larder break they are probably worthless-4 drill holes in the property produced NO GOLD so why would be any different going forward?
7. The desperate prop promo-the 90 years old Todora assays is a joke and no serious exploration investor would put up money for that type of senseless baloney.
8. If ACRL has decent properties HOW COME there hasn't been ONE 43-101 report ON any acrl MINERAL PROPERTY?
I could add more FACTUAL points but my finger are getting tired, I think you get the Gist.
I guess you don't stick to the facts as they are uncomfortable to illustrate your bullish narrative'.
1 Drilling is the only way to prove economic ore-ACRL hasn't drilled for over 4 years and they still owe over $100k for that.
2. Even if they wanted to drill no drilling company will work for them as they all know ACRL sandbagged Orbit.
3. Even if they paid a driller up front they could not raise money at this time cause of the mess on their p books.
4. ACRL hasn't produced an audit in over 4 years; if they were indeed sitting on 'World Class' mines surely the BOD do the audits ASAP?
5. The CTO that was supposed to be handled 2 years ago is still extant. The assertion from many bullish posters that it was 'to be fixed' strains credulity at this point.
6. ACRL's properties are not that great-south of the Larder break they are probably worthless-4 drill holes in the property produced NO GOLD so why would be any different going forward?
7. The desperate prop promo-the 90 years old Todora assays is a joke and no serious exploration investor would put up money for that type of senseless baloney.
8. If ACRL has decent properties HOW COME there hasn't been ONE 43-101 report ON any acrl MINERAL PROPERTY?
I could add more FACTUAL points but my finger are getting tired, I think you get the Gist.
What illogical rhetoric. ACRL was over 50 cents four years ago, and now its 2.6 cents or whatever.
Nothing but a 'dead cat bounce', in my opinion.
If ACRL was doing that great why don't they do thier audits for 4 years, cannot raise money and the last time they actually DRILLED (still owe over $100k to Orbit)was four years ago.
ACRL can't even raise funds through the selling of shares..
Dead in the Water is what I see.
I have been on the property, I talk to Orbit, I have been in the exploration game in the area for over 30 years, know the original ACRL geo personally, and I have tracked ACRL carefully ever since they reneged on a contract with me four years ago.
I have been bearish on the stock for four years and I have been undeniably correct. It has plummeted from over 50 cents/share to 2 cents and change.
In my opinion, ACRL is a sham; IF they are hiring world class Indigenous management why can't ACRL produce audited statements (now over 4 years missing), pay their $100k debt to Orbit and get rid of the CTO?
As of now it is illegal for ACRL to raise money because of the mess that is their books, so how are they going to drill?
So to me its quite simple, they are just pumping to raise the price temporarily so the promoters can get off paper.
That's my two cents.
Good Luck to you.
The drillers were, are Orbit a large company what 'father and son drilling team .
As usual you have your facts worng..
You are 100% accurate
Look like you are getting desperate as the pump shows signs of failing; it over 39% below its high of a couple of weeks ago so ACRL is back in a bearish trend.
My amateur advice; get out why you still can!!
Channel samples means nothing only positive Zn drill results will prove that there is an economic deposit.
ACRL can't hire a driller cause they owe their old driller, Orbit, over 100k from 4 years ago.
ACRL's pump is pretty well over from what I can gather.
Get out my friend, the ACRL Potemkin Village is being discovered.
PUMP IS OVER GET OUT IF YOU ARE IN PROFIT!!!!
IMO.
Blah,blah blah....
Not much of a rebuttal; with all due respect you don't know what you are talking about...
That doesn't show real shorts, you obviously you don't know what a 'real short' looks like.
Nobody shorts pennies that margin requirements are way, way too high.
Now an insider w might sell through a MM or m nominee that is probably what you are referring to, an ACRL insdier is leaking shares through an 'apparent short' but it is a covered short.
You are welcome for the tutorial.