Ann: Commissioning of Old Pirate Mine Reaches Major Milestone, page-21

All very true, Mark and over my long time of holding ABU shares I have eventually learned all of this!

What I am saying is:
The current optimism from ABU posters here is great, and a lot different to a couple of months ago when some posters wanted to sack the board!

ABU has outstanding potential and I hope that all of the production grades and the drilling results come out even better than our wildest expectations!

I realise that because the Aussie dollar is falling, the weakness in the US$ Gold price is not having an impact on ABU's potential profits over the coming year. (US$1146/0z ..... AUD$1551/oz)

However the weakness of the US$ Gold Price is having an effect on Market Sentiment for Gold stocks in general. As I see it, the big investors are unwilling to invest in Gold stocks with such weakness and uncertainty in the $US Gold Price, as it may go lower still. Those investors who are willing to take a risk in Gold stocks only appear to be buying into the big Gold companies which are trusted and have well documented upside potential.

At a profit range of AUD$700 to $800 an ounce, ABU has a highly profitable mine however ABU is not a stock that the market has ever been in love with. The big investors who are needed to push ABU's sp higher are not buying in yet, and perhaps are waiting for Market Sentiment to change, and then finally ABU will burst through 30c and go higher.

However that change in Market Sentiment may only be a week away, a month away or more likely 3 or more months away. Who knows?

ABU looks great for the longer term, but just when it is going to have a significant sp rise is the big question, and for me, despite all of the good news, I can't see I happening soon!

Those who are ABU believers or those who need to average down their buy in price, this may be a good time to accumulate more ABU shares!

Anyhow, that's my more conservative view of ABU's short term outlook from what we know now!