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Aben Minerals Ltd V.ABM

Alternate Symbol(s):  ABNAF

Aben Minerals Ltd. is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s projects include Justin Gold Project and Forrest Kerr Gold Project. It holds a 100% interest in the 7,400-hectare Justin Gold Project. The property is located in the southeast Yukon on the Tintina Gold Belt to the immediate southeast of Seabridge Gold’s 3 Aces Project. The Justin Project is approximately 35 kilometers southeast of the Cantung Mine and has an all-season road running through the claims. It also has a 100 % interest in Forrest Kerr Gold Project, which is located in the heart of the Golden Triangle in northwestern British Columbia, Canada. Forrest Kerr Gold Project covers approximately 20,197 hectares. Its exploration activity at Forrest Kerr is focused on two primary zones: the North Boundary zone, which runs parallel to the Nelson Creek Fault zone, and the South Boundary zone, which runs parallel to the Benchlands Fault zone.


TSXV:ABM - Post by User

Bullboard Posts
Comment by yukoninvestoron Dec 02, 2012 1:49pm
153 Views
Post# 20672238

RE: Let's get serious

RE: Let's get serious

I still want to talk about rockets. Peenemunde would be an interesting place to visit assuming some of the infrastructure still existed. You would have to do some serious thinking to end up there as a tourist. You should go and let me know how it is.

As far as minerals and share price go my opinions are as follows:

1) it will be tough to raise money sub 5c so the sp/overall market better turn around before they need to do the next raise

2) results of initial holes appear to be better than latter holes suggesting to me that either the geos don't have a firm handle yet or system weakens away from discovery area

3) to work as a bulk tonnage mine I am thinking 3.5 mill+ ozs will be needed at a grade north of 1.0 g/t, yet drilling has not consistently returned the 50m+ ints of grade that will be needed to string the ozs together

4) lots of other beat up co's with goodies

Not all bad though, great early stage discovery just the market timing is all wrong and the float is bloated. Undoubtedly some blue sky is left. Rollback still on the table for discussion once issues with rocket are solved. 

Bullboard Posts