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Asiabasemetals Inc V.ABZ

AsiaBaseMetals Inc. is a growth company focused on the exploration and development of metals, including precious metals such as gold and silver, base metals such as zinc and copper, and alkali metals such as cobalt and lithium. The Company has a 100% owned project in northeastern British Columbia, Canada - the 1,996-hectare Gnome zinc/cobalt project in the prolific geological district known as the Kechika Trough, a district hosting several zinc deposits. The Gnome project lies 70 km SE from the Cirque Zn-PbAg deposit and 46 km SE along the trend of the Akie Zn-Pb-Ag deposit, all of which are in the Kechika trough, a geological belt northeast of Williston Lake containing these and other the sediment hosted Zn-Pb-Ag prospects along trend. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake. It is also reviewing additional advanced projects for acquisition.


TSXV:ABZ - Post by User

Bullboard Posts
Comment by MRBIGon Jun 15, 2007 8:18am
338 Views
Post# 12947868

RE: Exchange rates

RE: Exchange ratesI don't see it either. The falling US dollar should be more than offset by the increase in the US dollar price of commodities such as gold, diamonds, oil, etc. The downside to this is that it costs Americans more to buy all this stuff, negatively impacts the US inflation rate, puts negative pressure on US interest rates, and ultimately will affect the US consumer. But then again the US consumer is not as important as he/she used to be on the global stage. Our dollar looks strong against the US greenback but so are a lot of other currencies.
Bullboard Posts