I still hold ABU shares so would like them to go well but that doesn't change
my opinion that they will not.
Some fair & some interesting comments poundstretch. one initial explanatory
statement -all the stocks I mentioned are miners & or explorers I have no capital
vested in any of them.
They are my reference of the sector ABU is in , hence my point was -There is plenty of extreme volatility & so therefore share price actions like ABU has endured are
not unusual, nor is it unusual for the share price to sell off in manner it has on the
pretence that a C.R. of some sought will be required again to a large extent this
should be built into the s/p now imo, could it fall further YES -of course it could .
I consider there being quiet a bit of news flow to come some of which could
have potentially positive implications on the share price .
I presume we will receive ARB drilling results any day-not hype I do or likely some
time between now & the AGM.
Your point of view the a C.R.-event will be called I agree with so Yes every one
should be aware of the point your making & for the reasons you mention.
( Ignore the comment-foot in mouth & attempt to consider each others POV's ).
I still hold ABU shares so would like them to go well but that doesn't change
my opinion that they will not.
OK pound the above is a statement not an assumption.
Can you explain
This is a firm view of yours or a known view ? Firm is a probability assumption
& they will not is-" absolute "?
Need to comprehend more detail of implied fact ?
I believed you opinion to be based on your probability determinations ,
& clearly I am of a different opinion for reasoning I have mentioned in
older posts.
Just a question pound I have considered the C.R. scenarios & options
& believe not that ABU won't need or receive capital rather that the format
& resulting outcome is the bigger consideration- good conversation to be had here.
Considerations are worthy I hear you but you make a statement that indicates
as you have a fixed/frozen view point .
What of Capstans RAB results
Aircore drilling is continuing on prospects at Bluebush including Capstan, Wild Turkey,
Hornblower and Indefatigable with 81 holes for 4,650 metres drilled Whole rock geochemistry confirms Capstan is Dead Bullock Formation (the host rock
type of the world class Callie gold mine)- Gets your attention, gets mine.
Capstan is a 22km x 8km subarea of the Bluebush Project falling within the
Trans-Tanami Fault Zone located 50km south-west of the Tanami Central Mine.
The Dead Bullock Formation (host of the world class Callie Mine), folding and faulting complexity, and geochemical anomalism highlight the prospectively of
the area.
Not spin here just being straight up, just before Brett Lambert left ABU I asked him
his thoughts about ABU's future potential & he said he could not believe something as
significant as having so much potential- another Callie his words -had had so little
attention he seem actually to be flabbergasted for want of another word .
( Don't please get bent out of shape here because you consider I am ramping I am
not I am being strait up always am no room in my life for B/S )
We spoke briefly about North Arunta all LTH know its potential given historical
grades & widths are so good, Minimal risk that this won't very likely return good
results how good ? -again another string in the bow will not happen overnight though.
Lake Mackay was said to to be potentially a company maker in its self but would not
happen fast exploration never does-this comment did not come from Brett it came
from a private conversation with a very heavy hitter on ABU's registry .
Remember this is some almost two Years ago & at the time ABU was bleak the darkest
of Day's.
I decided I would stay invested in ABU as the stoush between PCR & APAC was I thought
also very reviling in that who fights so hard over a train wreck that has no
upside potential?- they don't obviously.
As said I am here for what I deem to be very good upside potential that also
given recent events NST & O/P-Buccaneer proximity etc. could also surprise
from left field.
No Spin Zone this is my part of my opinion from my perspective poundstretcher if it
annoys you its not tailored too.
Engage if you could in specifically why you see so little upside potential.
But don't tell me I am 100% wrong unless you can provide proof.
We agree to disagree that's also fine time will tell
p.s.-Can't quiet see our M.Ds 11,000,000 options & our Chairman's 8,400,000 odd
of combined shares held & options should they be taken up, not being a very good
indication of motivation to get things right.
Thoughts are aimo-probably a bit jumbled but that's ok its been a big night came
in late & responded.
Also mean no disrespect poundstretcher after all we are both LTH & are invested
in the same stock.
ABU Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
(20min delay)