Aben Minerals Ltd V.ABM

Graphite property work coming due

[StrikeGold]

They got an extention for required exploration expeditures to the end of June, and it's now May 1 so they have 60 days it would appear.   However, the current placement hasn't even closed yet and who knows how much will be raised.    

Results so far this year:   Two newly acquired properties without the means to explore either one, a tanked share price, and still no sale or JV or Justin or Forrest Kerr.

[Waybackjoe]

This market is dead.... the banker/brokers will make sure it stays that way... and goes nowhere along with the precious metals. If the Bankstas and their cheap commissions were not here the TSX would be under complete renovation starting sometime ago. 80% of the private brokerage houses would have dried up Dead beat outfits like this one doing PPs at 5 cents or less would be gone. This little

[StrikeGold]

Yep, the trick of adding two news properties without the financal means to explore them backfired, as in tanking the share price, and then followed by a share consolidation So will the management announce soon that they can't explore the Graphite and Red Lake properties, or that they will let the deals expire?   I believe that the end of June requires some expeditures for the

[StrikeGold]

Waybackjoe, you seem to have nailed the issue with ABEN when you said that the exploration project doesn't matter with the company, but is more akin to playing a game for management. The management handling of Forrest Kerr and Justin is a case in point.  I personally felt both properties had substantial merit, but on neither project did I see the focus or persistence needed to follow up

[Abenite]

Just read the SEDAR posting of the March 2023 financials. Negative working capital of 125k, so it was running on Jim's CC until the PP closed. Now they have a massive 375k to get the projects going. New guy is just another crony from the old crew. Looks like some nutcase bought stock in this basket case today. It's a really sick dog in a dogs world precious metals market right now. But as

[StrikeGold]

Interesting that the news mentions the potential of Forrest Kerr and Justin.  I think a lot of people (like myself) held on solely because we think they actually do have promise, but unfortunately we had expected management to have made changes like bringing in new talent two years ago.   Dumping remaining shares at 3 cents (30 cents at today's post consolidation price) was the