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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. The Ajax Project comprises eight Crown grants, including the Ajax East and West pits. The Company is also engaged in the process of acquiring a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it also controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. Its porphyry copper deposits are Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Post by goldbuyeron Apr 02, 2012 2:47pm
409 Views
Post# 19749048

Some Friendly F.Y.I. While We Wait ?

Some Friendly F.Y.I. While We Wait ?

Just a little friendly related F.Y.I. for anyone a little nervous ?

 

There are always wolves amongst the sheep in the stockmarkets and bulletin boards .

 

eg : there will always be those that may ? post gloom and doom scenario's for profit taking exactly and precisely, at the time a stock price is temporarly down ... why ? because it is a well known strategy to shake the tree on such a day and timeframe, in order to get the nervous to sell their shares back to the market, while it is still in that temporarily low SP level.  Those same few, will then jump all over it, and buy large quantity blocks to resell back, sometimes ? on the same day - thus day trading - for extra profits .

 

Those same few, may also elect to re-invest the easy daytradings $$$$ earned, and put them right back into that same stock holding, adding to their position, now enlarged, by shaking the tree with gloom and doom scenario's.

 

Best advice, be on your guard, cross check everything, verifiable, and especially when, gloom & doom scenario's are posted ? then cross check always the price of the SP at that exact same time of posting ?

 

You may find ? it was low in SP, thus the above example shared, may be in process .... or not .

 

Each to their own judgement, so always trust your own " DD " is best .

 

 

Successful Investing to All

 

 

GoldBuyer

 

 

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