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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

Post by StrikeGoldon Sep 15, 2022 12:05pm
194 Views
Post# 34964619

ABEN vs. Enduro

ABEN vs. Enduro
Thought I would post regarding the next door neighbor to Forrest Kerr, Enduro Metals, who has returned much of the same type of gold grades and lengths in drill results as ABEN on recent exploration. 
 
However, ABEN's market cap is 1/10th that of Enduro today, and that doesn't even include ABEN's Yukon Justin property which has had very favorable gold showings.  But unlike ABEN, Enduro has been very active in the Golden Triangle the last couple of years.   
 
https://endurometals.com/projects-overview/  (map on bottom of page showing ABEN claims in relation to Enduro)
 
Seems like ABEN needs to find a way to increase shareholder value that does not keep going back to the market for low share price fund raises like the last one done at 3.5 cents.  Since exploration of Forest Kerr is expensive, it seems to me that optioning it for good terms to a company flush with cash would be a good idea.  
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