G'day Bob -You are showing some ignorance here- if you believe the POG
would not have an effect on ABU's share price.
It matters not if you are a producer or not- you are part of the gold sector
& as such the POG effects the many metrics that determine valuations &
the level of market sentiment.
Sentiment generally speaking determines the level of interest shown
by the market- this is a given!- as an example do you believe any one would
deploy capital into the gold sector if say the POG was say $800 per OZ,
or for that matter should the POG be say $2,000AU you would have a rather
large smile on ya dial be it invested in S2R or ABU.
Who is saying they believe ABU will be a producer any time soon?
Its tenure is good-Tanami south imo will very likely attract another J.V.
partner should this happen the potential of discovery increases in the same
way its done with IGO .
You are venomous towards the old ABU-directors & what transpired,
you are not Robinson Crusoe Bob.
Have you not acknowledged the reasoning behind the s/p run up since the
J.V.-was announced with IGO, or the massive daily share price volume increase
last month, or noticed the changes occurring in the registry ?
ABU has the markets attention, you can clearly see this in the share price action
take today for instance ( ABU again went against the grain ).
Many investors have brought into ABU in the last 12 months since the low
of 2.4 cents have done very well indeed & good on them.
They the new & the remaining LTH have there eyes wide open & are knowingly
invested in an explorer & the s/p will be driven by discovery & will always be
influenced by the movements in the POG- in exactly the same way S2R's share
price will be.
Hope at some time you will realise- time is moving on, so has ABU & we are
thankful for that being the reality.
Bob- I will continue to post anything I believe may be of interest to share holders,
& yes they should scrutinise/verify all information read on H.C- them selves &
add or disregard information as they process it in there own way so as to make a
more informed decision that best suits them.
imo-gltah
salt
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