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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
Post by doubloon2000on Oct 29, 2003 5:50am
112 Views
Post# 6574703

Buy side pressure...

Buy side pressure...Right now it is all buy side pressure moving the stock up, we can anticipate some sell side pressure once the next mine results are made public (buy on rumor, sell on news). The sells will all come from stock "renters", however, from what I can gather this stock is being bought up mainly by the buy and hold crowd. The general stock buying public in America is not yet aware of the potential of the diamond industry, this may change within a year and the cocktail party buzzwords will be 'which diamond stock do you have in your portfolio' This is still an early story on this mine, lets see what the results are at peak mine output.
Bullboard Posts