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Fold if this person's min bets mean anything to you, otherwise play it like you've hit the K or 7's and just call to make him think. If you did have 3 7's or AK, that's what you would do for value anyway. You've already raised 3x PF so that backs up your possible AK flat call. (3x is fine here, you want a fold with AT anyway, 500 and the larger stacks are easily calling 300 more)
Take this hand to the turn and see what his next move is since he's first to act, much better than raising right away on the flop and losing all those chips when you fold to his re-raise if he indeed has it. I disagree with almost everyone's post. You're telling him to chance 1/3 of his stack for information when he could get it for 200 on the flop, then see what this guy's next move is for free. If he checks or min bets again, you know a lot more for a lot cheaper.
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