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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
Post by AltaRounderon Nov 07, 2017 8:57am
167 Views
Post# 26916891

ABN = Shorters + Constant Dilutive Headwinds

ABN = Shorters + Constant Dilutive Headwinds Aben traded this year like it had a committed short crew with a sure winner. Lining up a bunch of spending promises you can't keep without a 9 hole miracle is not a business plan. And in hindsight I'd have to agree with them.  

The way I see it the stock will get pummelled to dust every time it pops up to the lofty .20 - .30c range. 

They should be dumping 2 out of 3 properties and regrouping. Otherwise they'll be lucky to do .05 cent placements the next couple years.

The rolling 10% stock option plan is an insult.



Forrest Kerr Commitments
Aben can earn a 100% interest over the entire claim group by expending $3,000,000 on exploration by June 2020


Chico Commitments
Aben Resources Ltd. (TSX-V: “ABN”) holds the exclusive right to earn an undivided 80% interest in the property by completing $3.5M in exploration expenditures, issuing 2.5M shares and making $150,000 in cash payments to Eagle Plains.

Stock Options
10% Rolling Options 




Bullboard Posts