chuk I bought in @ 4.9 cents, and this one is the shortest period of time that I have held any of my shares. Only down about 20% on this one, but 60% overall. Question is why am I behind, on my portfolio? Lack of in ground resources? NO! Lack of potential for huge upsides? NO! Poor management (only in a few)? YES! Not developing into a mining venture? YES! YES! YES! Constant delays? YES!
The entire market is not good, only need to read a few of the threads on other stocks, and it seems we are all in the same boat. Have about 40 stocks on my watchlist, about 1/2 of them gold, with a mix of iron ore, coal, silver and a few industrials. I allocated just $10,000 for each, to see what the lowest entry price would be, and it is now a daily ritual to adjust that price down, as the S.Prices diminish. ABU will do well in the long term, I feel, but it does take quite a lot of time to bring a project up to the mining stage. That's why I would like to see a move to get all the necessary permits, licenses and whatever else is needed to start mining happening, being done now.
ABU Price at posting:
3.8¢ Sentiment: None Disclosure: Held
