p.o.g, page-38

Hi Firehawk08,

Your $1 long term sp for ABU does seem ambitious, but may be achievable many years from now.

However I do belive that you are right about the Gold price improving greatly at some stage.

Everything points to there being reduced production of Gold. Greater costs of: diesel, worker salaries, drilling, exploring etc., means that Gold exploration is being cut back, uneconomical Gold mines are being mothballed and production of Gold is falling.

Add to that is the fact that the overall average grade of Gold being mined worldwide has been falling. (see graph)

Then there is the increased demand for Gold from China, India and Asia as a whole.

The whole system is unsustainable at these Gold prices. There has to be a substantial rise in the price of Gold at some stage. And this will mean extra profits for ABU and a much greater sp, when ABU is in stage 2 production!

So we bide our time, accumulate ABU shares, discuss trivia, dream of the future, try and keep the wife happy, etc., knowing that one day ABU will be a mid-tier Gold producer, making outstanding profits! And this is only considering what Gold ABU has discovered to date, more discoveries, and there is a very high chance that there will be more, will make this company an even better proposition!

As the graph shows, the top 5 Gold producers worldwide have grades averaging 1.22g/t. How good does ABU look, with expected grades averaging 15+g/t for over 700 ounces Gold?! That is phenomenal! Once production is fully underway, one would expect ABU's sp to be much, much higher than today!

Go ABU!