reko, as yourself a few questions when doing your own research.
Why is it certain shareholders seems to have gut feelings when it comes to news being on the way?
Why is it volume seems to climb above norms immediately prior to news being released; news that was never hinted at officially by the company?
It is almost as if some flasch in the pan person is being granted access to information not yet publicly released.
In a long conversation I had with market investigators what they do is go back and look at past trading data and look for spikes prior to news being publicly released. They then look at who is making the trades, and the pattern of their trading at that moment and also go back and look at past releases and volume spikes and look to see if the same accounts are doing the trading. It is easy to establish patterns given the mega data available to them and software that searches for, and identifies potential insider trading. Insider trading is not only applicable to those who are recognized as insiders (officers and directors) but also applies to those who have been provided inside information prior to its release. Call OTC markets or email them, call the Ontario or Alberta regulators or better send them an email asking not about Atacama but about requirements publicly traded must adhere to. Ask them, as some here have asserted, since the company is cease traded that means they don't have to follow the rules since they are on the sidelines.
Emails, phone and text records are then examined. Unless you are receiving information in person, it is not difficult to establish links. Atacama has a fair number of persons who always seem to have a gut feeling not only about news coming but the kind of news that might move the share price.
So you are also right when you stated if not for the February 19, 2021 announcement, the share price would be lower. That is exactly what the news release did, exactly in the same manner the Berry & Spivak news did. After the release, it was much ado about nothing despite the constant barrage of these guys are great and big and respected. It is old news repeating itself.
So do your own research- look for assays, look for SEDAR filings, examine past late filing notifications and how long it took them to file the late filings.
If they comply and issue assay results that back up their claims, and they get the cease trade order lifted and they are going to be a real company doing real work (re-arranging deck chairs is not work) I will buy. I don't buy into the buy before the news happens because we all know the share price is manipulated at this time. If it is real, I don't care if I pay .05 or .10 or 1.00. I can still make money if this is all real.
