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Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition. The Abaxx Verifier is a secure password, identity and verification application.


NEO:ABXX - Post by User

Bullboard Posts
Comment by boredhousewifeon Dec 15, 2012 1:52pm
161 Views
Post# 20735482

RE: Volume

RE: Volume

Some of that short covering Jduade..It is close where options,puts and calls must be settled and tax loss selling.. I talked to Andreas personally on the phone on Thursday.. There will be a conference of mining coming up in a few months in Vancouver NML will be there.. FS is not until 2 quarter and just about the close time for TATA to decide if they want both or one in March.. Right now NML can talk to others sniffing around but cannot say much more until TATA makes a decision under their agreement with TATA.. Then they can free for all either le Keg or le Mag(which ever one TATA decides or decides to hold both) eitiher win win situation for NML because the other asset can be jointed to someone else(preferably Chinese and most likely so would rile TATA) to any other who they have talked to.. Yes they have made progress to talking up the assets with others and the overcost run Andreas said is covered they have enough enough in the kitty to cover it without diluting is my understanding of what he said..It is good probability that whether TATA takes one or all depending on the geography suited for them between Le Keg and Le Mag and the best of the concentrates.. Le Keg and Le Mag were going to be TATA coup for getting the pellets for their Europeans markets..China already moving fast with the deal closed on CNOCC to grab assets and making good on Canada's rules regulations, as seen by recent Ecana move.....US fiscal cliff must be decided soon.Chinese data has been doing well, iron ore pricing bouncing right back and the Chinese Lunar year coming and ending with the new power of reigns taking over.. Just in time for TATA to decide and the FS study to come out..2013 will shape quite well for the Labador Trough and NML being the ones who hold a good chunk of assest and going into production who finally will get their true value revealed.. JMHO

Bullboard Posts