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Enter Symbol
or Name
USA
CA



Atac Resources Ltd
Symbol ATC
Shares Issued 117,794,577
Close 2014-09-25 C$ 0.70
Market Cap C$ 82,456,204
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Lundin refreshes Atac buy

2014-09-26 18:11 ET - In the News

Brien Lundin, in the September, 2014, edition of the Gold Newsletter, refreshes his buy of Atac Resources Ltd., recently 75 cents. 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 $1,267. Mr. Lundin says the company is having great success with its drilling program at its Rackla gold project in the Yukon. The purpose of the program is to prove up more Carlin-style mineralization along Rackla's Nadaleen trend, which lies on the eastern end of the 1,700-square-kilometre property. So far, the company has extended the Conrad Lower zone, which now extends for 300 metres along strike and remains open in all directions, and the Sunrise zone, which remains open to the west. Mr. Lundin says that continuing high-grade drill results from the Conrad Lower zone and the Sunrise zone are very positive for the company, which the newsletter editor calls his top gold exploration play. He concludes that Atac remains a buy.

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