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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 23,397 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

Comment by StrikeGoldon Mar 07, 2024 1:07pm
64 Views
Post# 35920865

RE:PRELIMINARY FINDINGS ON ABEN MINERALS LTD

RE:PRELIMINARY FINDINGS ON ABEN MINERALS LTDaugust202013,

regarding your concerns about the share consolidation history, there really isn't anything to investigate if you are looking for some type of security exchange answers.

Every junior explorer will consolidate shares, some more often than others, but there is no legal definition on number of shares outstanding needed to consolidate.  Other than putting your investment elsewhere there really isn't anything else one can do.

I have stated before here on the board that based on my research of Forrest Kerr results, they may very well have a rich discovery yet to be made, but that it will take a lot of money for the needed drilling.   I have been disappointed with management letting Forrest Kerr languish and letting the share price drop all the while NOT pursuing a JV, then finally announcing they are looking for a partner AFTER the share consolidation and resulting further drop.   

Yes, it's also good that there is renewed interest around the Justin project area.

Can management now increase value for shareholders for either project or both??   

I also bought back in the last couple of months so I guess I will hang around to see what evolves this year.   
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