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Bullboard - Stock Discussion Forum Aben Minerals Ltd V.ABM

Alternate Symbol(s):  ABNAF

Aben Minerals Ltd. is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s projects include Justin Gold Project and Forrest Kerr Gold Project. It holds a 100% interest in the 7,400-hectare Justin Gold Project. The property is located in the southeast Yukon on the Tintina Gold Belt to the immediate southeast of Seabridge Gold’s... see more

TSXV:ABM - Post Discussion

Aben Minerals Ltd > News update comment
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Post by StrikeGold on Apr 20, 2022 3:23pm

News update comment

Apparently the news from a couple days ago wasn't welll received looking at the lack of buying, although it doesn't really change anything (a couple delays in timeline for exploration due to snow, and approvals/permits).

Looks like there was an update in their presentation:

https://abenresources.com/site/assets/files/3837/abn_april_2022.pdf
Comment by StrikeGold on Apr 26, 2022 3:26pm
Looks like the gold price drop helped pull this below 5 cents.   One would think that with funded exploration this spring/summer on two new projects and a possible JV announcement on a 3rd, that the price would be more supportive.  
Comment by Abenite on May 03, 2022 11:03am
You and I might be the only visitors to this dead board. Jim has promised an exploration plan but it;'s now May 3. There is $700k or so in the till which will not fund even one decent exploration play let alone the proimised 2..so where do you think the money is coming from? They will want to keep the current funds in the till to pay their salaries for the year.Jim is in a pickle as there are ...more  
Comment by StrikeGold on May 06, 2022 12:31pm
They can and likley will explore both properties given the current money in the till (soil sampling, various surveys, trenching, etc).   The delays meantioned in the last news don't appear to change anything they plan to do this season.   However they will likley stop stort of drilling until more funds are raised.   But drilling won't be done anyway until ...more  
Comment by StrikeGold on May 06, 2022 12:40pm
I definately agree with you that interest on this board has dwindled, and is likley because they decided not to activity pursue Forrest Kerr.    If they can get a joint venture option on good terms for that property, as a well as for Justin, both of which are remote locations and require a lot of cash to explore, that may be the best for the company.   
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