drilling results, page-20

I agree with you completely COLCOM - Staggering our buys allows us to get better and better positions; waiting was not a bad decision as you saw the growth. I hope you get your ticket at 4c! Buy this company under 6c and in 18mths what will it be? This was a good sound announcement one of many to come. Watch for more announcements this month!

I'm looking to continue my accumulation this month and next - It's important to look at the valley's as opportunities as we gaze out at the horizon as long as we are on the right track.

We all must remember ABM has had excellent long sustained growth, this easing is normal and to be expected for many reasons, not least of which is the Dow Jones Suffering under colossal mismanagement. This helps Australia to further uncouple from the US and shift over to an Asia focus.

Investors kicked off June on a negative note after several economic data points weighed on sentiment. Concerns about unemployment manifested after a reading on private-sector job growth came in well below economists' expectations, fueling anxiety on Wall Street about the government's monthly jobs report, to be released on Friday.

Pessimism continued to cascade after the Institute for Supply Management said the U.S. manufacturing sector slowed sharply in May. This is not a temporary slow down but a cascading series of unfolding events leading to the end of the US as the world reserve currency.

Weakness in China could hurt the volatile global commodities trade if it cuts into demand for oil, iron ore and other industrial inputs for which China is a key customer. This perception is only temporary as we all know that demand for China's goods have only one way to go so looking at Australia short term the market is definitely reacting to the Carbon Tax before it has arrived and suffers from some bad market conditions and figures.

I'm confident though that for the foreseeable future ABM will keep drilling don't you?

Kind Regards