From what I have researched ABU is a ticking time bomb. Why? Because:
* Gold Price is going to remain high - economic uncertainty and inflation worries from OECD easy credit. It is currently around US$940/oz.
* Drilling results are expected very soon. I have worked in some of the companies who process the drill samples and determine the gold concentrations. They are in Kalgoorlie and the process is usually done very quickly. (expect the results tomorrow or early next week).
* The proximity to other currently operating gold mines would suggest the probability of sucess is very high.
Be proactive, and buy before the announcement is released
Good Luck
From what I have researched ABU is a ticking time bomb. Why?...
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