ann: quarterly activities report out, page-41

Chuk, I agree with all that you have said, that is why I hold ABU stock for the longer term. At 4c a share I can't see how I will lose money. At some stage I believe that it has to hit 8c+.

But the market is a fickle thing. There are day traders, weekly traders, huge corporations and all sorts of investors having an an influence on the market price. There are charts upon charts that state different things, when to buy and when to sell.

So there is always an element of unpredictability with small stocks.

There are stocks like IDC that shoot up 100% or more, when the fundamentals aren't looking that good, and people make a lot of money along the way. It all depends on what stocks are in favour, what the charts say, who is pushing the share price, all sorts of factors.

Some stocks become darlings of the market with average fundamentals and their price rises hugely above expectations. Some stocks are out of favour with the market for ages, until market sentiment turns around.

So whilst I'm holding onto ABU, which is out of favour at the moment, I am probably missing out on other specs that are making a run now.

It is very hard to predict what the market is going to do. And my track record is poor at picking specs stocks on the rise. So for me sitting on ABU is what I need to do at present, confident in a 100% or 200% price rise at some stage.

Yes, IDC and other stocks look more costly and longer term than ABU, but they could quite easily have a 100% run for whatever reason the market finds to favour in them.

Good luck to those who are good at picking winners in the spec stock area.

All the fundamentals for ABU look great and are getting even better each month. I am looking forward to a resource update from ABU soon, and the sooner the better!