Stocksupnow56
$ATCX Woah! All of a sudden we have 5 bashers. Interesting how they showed up on the same day.
A few days after the press release stating ATCX has a SGS-defined resource contains ~1.364 million tonnes of in-situ graphite: 986,000 tonnes Indicated plus 378,000 tonnes Inferred. Importantly, that's from only 2.5 km of the 11-km graphite corridor and only one of three tenements. SGS also considers it amenable to open-pit mining, and much of the mineralization is near surface.
SGS is headquartered in Switzerland and operates laboratories and technical services around the world. So when ATCX says “SGS-defined resource,” that's meaningful. It means an internationally recognized independent engineering/testing organization evaluated the geological data and produced the estimate according to established technical standards rather than ATCX management simply estimating what it believes is underground.
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