RE:To Buy or Not to Buy MoreHello Barbados,
My sense is that the operational prospects put a floor under the current price which doesn't 100% eliminate the loss potential but it certainly limits it.
I look for such potential coupled with an absence of investor interest - the kind of thing that exists at the bottom of markets. This does not guarantee price appreciation but such vacuums very often get filled quickly when the turn comes.
Quebec based investors have been moving into ABI recently, a good sign. I lived there for a few years and still have contacts whose reports on ABI are not negative. They put me on it.
Precious metal priced appreciation over time could propel profits at a rapid rate but of course is not guaranteed.
Increasing production in the short term a high priority with management.
All in all a decent investment for speculative money and one can get a nice slice of the action pretty cheap.
These are the reasons I am here.
Good luck.
JMM