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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 figgoo2on Mar 06, 2013 1:06pm
173 Views
Post# 21088253

RE: RE: RE: Ridiculous

RE: RE: RE: Ridiculous

  Your 15-20 cent numbers are a bit high by my calculations..  The taconites as of now are worth zero, as it doesn't matter how much low grade iron one has if the costs to get it are beyond what anyone is willing to pay.  there is a reason these deposits have been known about but sittng idle since the 50's. One day when all iron on earth and the moon has been used up these trough deposits might come in play yet again, and that will be the time to invest imo ... around 2060 or so give or take a year or two.  Now I figure the dso is worth about 80 million maybe on a good day and NML has about 20 % of that, so that's a 16 million market cap or about 9 cents a share = fair market value.

Bullboard Posts