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Re: Kashkat post# 41507

Saturday, 05/29/2021 11:42:04 AM

Saturday, May 29, 2021 11:42:04 AM

Post# of 48442
This ticker is already costly / way overvalued...

Hey, let's compare to a "peer", another junior explorer in the Kirkland Lake camp. A real explorer though...
Have a look at Northstar Gold. Not amazing, but a junior explorer working hard and getting a little bit of success and recognition. And despite being "south of the fault" (the main CLL Break) they are on a major regional structure, the Catherine Fault. They're not going to get a Macassa down there, but they might pull off something smallish with high grades...
Their market cap is C$16.8M.

Now lets have a look at Atascama - no exploration work, no results, no $, out of compliance, a POS basically, right?
Ataspama's market cap is C$28.8M. Huh? It shouldn't be more than a tenth of that. So, way, way overvalued...

Now be honest, if you were a serious "investor" into junior gold explorers in Canada, which one would you choose?
If you picked Atascama, you are either a shill or a complete newbie in resource investment.


North Star Gold Corp
https://northstargoldcorp.com/site/assets/files/5331/northstar_gold_corp__corporate_presentation_may_27_2021.pdf