AbraSilver Resource Corp V.ABRA

Alternate Symbol(s): ABBRF

Metals & Mining Industrial Metals & Minerals

AbraSilver Resource Corp. is a Canada-based advanced-stage exploration company. The Company is focused on advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina. Diablillos is an approximately 7,919 hectares (ha) (79 square kilometers (km2)) property located in the Argentine Puna region, which is the southern extension of the Altiplano of southern Peru, Bolivia, and northern Chile. In addition, the Company has entered into an earn-in option and joint venture agreement with Teck on the La Coipita project, located in the San Juan province of Argentina. The La Coipita project is a district scale property consisting of over 70,000 ha in the western portion of Calingasta Department, located in the San Juan Province of Argentina, adjacent to the Chilean border. The project lies within the Miocene porphyry-epithermal belt of Argentina and Chile.

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AbraSilver Resource Corp

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Post by ErinBrockovichon Sep 10, 2024 5:17pm

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Post# 36217475

Recession?

Not my first rodeo. Recovery can be very fast or slow. It's unpredictable. Industrial demand for silver takes off just at the first hints of a recovery. It's hard to time. Buy when there is blood in the streets. HODL.

It’s likely we are already in a recession; market lags this sort of thing; meaning a recovery is coming.

likely we will see margin calls hit the broader market. This forces many to sell a wide range of stocks, including precious metals, in order to cover.