ABM Resources

Discussion in 'Stocks & Derivatives' started by Stick Framer, May 25, 2015.

  1. Stick Framer

    Stick Framer New Member

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    Been holding for some time now, currently transitioning from explorer to producer

    Currently follows the gold price but once in full swing should see big upside

    One to put on your watch list, don't buy on my call DYOR
     
  2. Stick Framer

    Stick Framer New Member

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    Sorry asx code ABU
     
  3. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    Market cap is around $80M, yet listing 6 exploration projects in the NT...at least they are commenced production by now...
     
  4. Japler

    Japler New Member

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    I also have a few $ in ABM. I have heard mixed things about their board of directors, but everyone I know who has done work at their old pirate deposit have came back saying the grades are good and its definitely a goer.
     
  5. finicky

    finicky Well-Known Member Silver Stacker

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    Short/medium term poor chart look if ABU closes below .25 today imo. Volume not high today so far, but chart looking flabby over June period.

    Disclosure: not in
    Sentiment: I have a poor attitude to stocks in this genre
     
  6. Stick Framer

    Stick Framer New Member

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    There has been a lot of time lines and predictions made, then pac road brought in and things have changed and not much talk is coming out
    Mining license has been granted and production is supposed to be under way with aisc $800 quoted
     
  7. finicky

    finicky Well-Known Member Silver Stacker

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    Weekly break of support area of 20c. High volume. Not a good looking chart at this point.
     
  8. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Would you be looking to pick up a piece as a value play as things go south?
     
  9. finicky

    finicky Well-Known Member Silver Stacker

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    Are you kidding? I hate companies like this. Companies that have never made a profit and get money out of people with future hopes.
     

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