RE: RE: Should I add more shares now or waitI am still following this board, and I have a fairly large position of ABI that I have been sitting on for a very long time. The last time I sold some it was over a buck. When it got down to these levels ( where it is now) I began buying back all the way down to $ .07 or so. One thing that did happen was an almost doubling of the share float. So, figure with no major production and the share price of $ 1.15 ( a price I seem to recall way back then? ) if nothing has changed, then maybe , $ .60 will be the new high?
But, NOW, Silver is way higher and it sort of tipped it's hand on 4-28-11 when it hit $ 49.57. And , as the previous poster says, we'll be in production around the first of the year. So, even with the major increase in share float, you have 2 things going in the right direction; procudtion near term and a much higher Silver price. ( Jim Sinclair --- www.jsmineset.com -- is predicting Gold to hit at least $ 3,500.00 and he says Silver will " ... perform well .." also! In my opinion, Abcourt is currently a gift , especially considering what lies ahead.
As Always, Best of Luck
Alchemist7