When one reads the quarterly report, one gets the feeling that Abx is doing great guns on many fronts, but everything comes down to their ability to sell. It’s no point producing or manufacturing things when you can’t sell the products or the raw materials. How many years has this same hype that they pedalled to SHs. What we really want to see is contracts and more contracts, so the monies keep rolling in, I think they are happy with one shipment of fertilizer grade bauxite very 18 months, so they continue to receive their salaries. Hopeless lot.
ABX Price at posting:
11.0¢ Sentiment: None Disclosure: Held
