Atna Resources Ltd. (fka ATNAQ)

[brandemarcus]

Well another bad month with anv and now rvm management selling out for peanuts to Hecla. Hecla is a big mining company so there will now not be the leverage in a bull market that there was rvm.
Rvm management clearly got tired of waiting. I have moved to stadf, as it least has cash and no debt. The problem with the call options is some of these expire earlier as management declares bankruptcy before the debt is due or panics and sells out.
Another silver miner that seems cheep is smnpf which is partly the old usgif. Uweff(uranium) continues to languish , they will need cash soon to keep the lights on so they will probably have to double their shares outstanding. Management has an amusing presentation on their web site that claims a npv more than 30 times what the stock is going for. I think they will have to do something similar to stonegate agricom and do rights offering for canadian investors.
Krltf is now trading at half it's cash value as investors think that management will try to steal the cash and give away the potash deposit to the Indians in some crooked financing deal. Perhaps they will take a page from the us treasury and the 700 million will have a 100% sweep provision.
for 50 years and the shareholders get any money after that.
Finally here's a new one in uranium Mega Uranium (mgaff) which holds a 20% interest in an australian uranium company (toro energy)that's worth 150% of the market cap. They also own 20% of nexen energy which is worth 40% of the market cap. They also own some other uranium prospects in australia and they have no debt.