goldies up but not abu, page-9

Cheers Graywolf
my post was not a spray. Apologies if you took it that way. I was merely explaining where I see ABU at the mo ....a very illiquid stock with only two days this year of trade value over $300,000. I am not a big trader but I doubt whether this is a great stock to trade at this point.
I don't think there is any mystery about it being illiquid. Its a combination of the whole sector still being on the nose in the opinion of most investors combined with a lack of announcements which would draw attention to the stock. In other words I think we are in the doldrums! However this is historically the time to accumulate if you believe that a mining licence will be granted and the company will make the decision to go, go, go!
At that point ABU will be rerated, particularly if the POG continues to hold and possibly increase.
I believe this is generally the time that rewards patience.
Cheers
Paddyboy