RE: KGHM is Serious ... Trying to convince myself to start buying in at this point. What i have come up with is that Abacus has about 200 mill. shares outstanding,and that they will have a 20% interest in their joint venture with KGHM who will become the operator. There is about 3 bill.lbs,of copper proven and inferred, also there is 2.7 mill. oz of gold proven and inferred. Abacus share would be around 600 mill. lbs of copper and 540,000 ozs. of gold, proven and inferred. Correct me if i am wrong about any of this, please. I live in Kamloops and find it hard to stomach when i see the power that special interest groups have on this group of city councillors. Elections are to be held on Nov. 19th. to form a new city council. Bottom line is i think there is a better than 50-50 chance this joint venture will end up getting the go ahead from Provincial and Federal Governments early in 2012.Abacus could be a $1.50 stock quickly, when this comes about.Huge reward,but high risk at this point. JMO. comments?