Interesting read...ABN vs GGI per Bob Moriarty Bob has an opinion on everything but still interesting to see his perspective on Aben vs Garibadi.
I just happen to listen to an interview with Eric Sprott yesterday. He owns 22-24% of Garibaldi and he frustrated he cannot buy more...
In any cases, whether the real deal is GGI or ABN or both, it's all good news for the GT and TUO.
https://energyandgold.com/2018/08/16/bob-moriarty-were-in-the-exact-same-spot-we-were-in-august-2008/
Goldfinger: Turning to the junior mining sector, last week we got news from Aben Resources (TSX-V:ABN, OTC: ABNAF) that was rather stunning as they delivered nearly 40 grams/tonne gold over 10 meters. Would you like to share your thoughts on Aben here?
Bob Moriarty: They hit a home run on their first hole in a new zone. So what they’re going to be doing is punching holes between that hole and an old high grade hole that is 230 meters away. My OPINION (I want to emphasize that it’s my OPINION) is it’s a giant find, it’s a real find, and it’s going to set everything in the Golden Triangle on fire. Now I happen to agree that Garibaldi (TSX-V:GGI) is a nothingburger and they were announcing pretty rock instead of actual results last year.
I expect to see more good assays from Aben in the next couple of weeks and on a fully diluted basis Aben still has less than a C$50 million market cap so the stock is still very cheap and has room to run if this is a real discovery.
Goldfinger: How much is a discovery worth in this challenging market environment?
Bob Moriarty: Well I believe what Aben has is far more valuable than what Garibaldi has and Garibaldi has(d) a C$300 million market cap so it wouldn’t be inconceivable to see ABN shares up at C$2.50 in the event that a significant discovery is confirmed.