I have not recieved an email back from ABM Resources yet.
The companies who process the drill samples would have definitely processed the results by now. None of the assay companies in Kalgoorlie keep a back log of samples, as soon as they arrive they go through some size reduction equipment (crushers, grinders), go into furnaces to remove moisture, and then the chemist uses a gold assay technique to determine the gold concentration.
I think ABU is just compiling the results and determining their interpretation of the results.
I picked up a stake of ABU on Thursday at 2.3 cents. If the share price falls any more I would be interested in increasing my stake. I bought before the weekend because I am hoping the results will come out Monday morning.
From the ABU trend in the last couple of months I would expect ABU to continue its ascending triangle formation, assuming the results of the Broads Dam JV is good.
Good Luck
a ticking time bomb!!!, page-4
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| Open | High | Low | Value | Volume |
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