Brien Lundin, in the August, 2014, edition of the Gold Newsletter, refreshes his buy of Atac Resources Ltd., recently $1.02. Mr. Lundin said buy Atac in August, 2013, at $1.14, and in May, 2014, at $1.23. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $1,723. The company is continuing to explore its 1,700-square-kilometre Rackla project in the Yukon. Mr. Lundin says Rackla is the only project outside Nevada that has Carlin-style mineralization. Atac recently released a preliminary economic assessment on its Tiger deposit, which is on the western side of the Rackla project. Tiger contains 403,500 ounces of indicated gold and 123,200 ounces of inferred gold. Mr. Lundin says that using a gold price of $1,250 an ounce, Tiger has a pretax net present value of $52.1-million and a posttax net present value of $33.7-million. The study estimates a capital expenditure of $92-million and an aftertax payback period of 2.6 years. The company estimates the project will generate 221,558 ounces of gold over a four-year mine life. Mr. Lundin says the Tiger deposit is clearly at a modest production level, but he says it could add significant value if the targets along the Nadaleen trend to the east live up to their elephant-sized potential.