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Asiabasemetals Inc V.ABZ

AsiaBaseMetals Inc. is a growth company focused on the exploration and development of metals, including precious metals such as gold and silver, base metals such as zinc and copper, and alkali metals such as cobalt and lithium. The Company has a 100% owned project in northeastern British Columbia, Canada - the 1,996-hectare Gnome zinc/cobalt project in the prolific geological district known as the Kechika Trough, a district hosting several zinc deposits. The Gnome project lies 70 km SE from the Cirque Zn-PbAg deposit and 46 km SE along the trend of the Akie Zn-Pb-Ag deposit, all of which are in the Kechika trough, a geological belt northeast of Williston Lake containing these and other the sediment hosted Zn-Pb-Ag prospects along trend. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake. It is also reviewing additional advanced projects for acquisition.


TSXV:ABZ - Post by User

Bullboard Posts
Comment by doubloon2000on Apr 04, 2003 5:14am
141 Views
Post# 5997075

Hey Mr. Borson

Hey Mr. BorsonBorson.. Let's remember how light the volume is in the market these days, and the investor strategy has made way for swing traders and news traders. I agree with your watch of the short positions but looking at the big picture, with the risk now removed from this stock the more conservative mutual funds may find this stock within it's scope of investment.... even without major institutional buying this stock still shows a better long term value... (especially more than any mid east pharmaceutical stock with reverse split written all over it) Also, mainstream investors have not yet discovered the potential of Canadian Diamond plays, this will change within a year.... and the Can/US exchange rate is going to be much more favourable once the full disclosure of the US debt is made public. In the mean time, my personal strategy in this sector is to dump profits from the juniors and tier 1's into ABER. It works for me, it may not work for others.... and is definitely over the head of any name calling wannabe short sellers.
Bullboard Posts