Introduction to Aben Resources ..................................................................
===============
Stock Information
===============
Share Outstanding: 128 million
Ticker Symbols
TSX Venture, Canada: ABN.V
United States of America: OTCQB Market: ABNAF
Frankfurt Exchange, Germany: E2L2
==================
Outstanding Warrants
==================
Click for enlarged view
https://investorshangout.com/images/MYImages/...rrants.gif
===========
Recent News
===========
November 24, 2020
Aben Resources to Extend Term of Share Purchase Warrants
https://www.abenresources.com/news/aben-resou...-warrants/
October 30, 2020
Aben Resources Provides Results and Summary of 2020 Drill Program at the Forrest Kerr Gold Project in BC’s Golden Triangle
https://www.abenresources.com/news/aben-resou...-triangle/
August 21, 2020
Eric Sprott Clarifies Holdings in Aben Resources Ltd.
https://www.newsfilecorp.com/release/62323/Er...on%20share.
https://sedar.com/GetFile.do?lang=EN&docC...Id=4764154
=================================
Financial filing and official news release
=================================
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
=====================
Website and Presentation
=====================
Aben Resources company website
https://www.abenresources.com/
Presentation (Check for new Update each month in the company website above)
https://www.abenresources.com/site/assets/fil...b_2021.pdf
========================================================
Video presentation - Golden Triangle and Forrest Kerr mining property
========================================================
The Golden Triangle of British Columbia
https://www.youtube.com/watch?v=rBY6t3FHu7I
July 15, 2016
https://www.youtube.com/watch?v=egG5OWpTq0s
Aug 10, 2018
https://www.youtube.com/watch?v=rUuDeaYt5ew
Aug 20, 2018
https://www.youtube.com/watch?v=eQpWgPJKln0&a...e=youtu.be
=========================
Mining properties Information
=========================
Justin Property, Yukon
https://www.abenresources.com/projects/justin/
Flagship Forrest Kerr property in the Golden Triangle of British Columbia
Forrest Kerr property covers 23,397 hectares or 234 square Km (6.1 Km x 38.3 Km)
=====================================
Track record of past and current explorations
=====================================
5 gold/copper mines (Eskay Creek mine, Snip mine, Burns Block mine and Copper Canyon mine in the Golden Triangle, Gualcamay mine in Argentina) were discovered by the 4 experienced, subtle and strategic geologists affiliated with Aben Resources with the corresponding companies sold to other mining companies.
Aben Resources's Forrest Kerr drill core assays
Click for enlarged view
https://investorshangout.com/images/MYImages/...assays.jpg
As compared to Skeena Resources's past drill core assays in the Snip Mine
=============================================
Media commentary and interview with CEO James Pettit
=============================================
Equity.Guru video: Aben Resources' (ABN.V) golden triangle opportunity explained by Fabiana Lara
https://www.youtube.com/watch?v=-Mj2R4jvb0A
CEO James Pettit's update on the company's exploration and drilling in Forrest Kerr
https://www.facebook.com/abenresources/videos...326774690/
Massive gold nuggets found in outcrop of Aben's Justin property in Yukon
https://www.youtube.com/watch?v=13goOuptl_w
Silver and Gold Summit - High grade gold and copper discovery in Forrest Kerr
https://cambridgehouse.com/video/8213/highgra...ources-ltd
==========
Media News
==========
The Resource Maven on Aben Resources
http://www.321gold.com/editorials/preston/preston111418.html
https://www.miningfeeds.com/2018/11/07/aben-r...le-winner/
https://investingnews.com/company-profiles/ab...-triangle/
https://www.miningnewsnorth.com/story/2018/10.../5372.html
http://energyandgold.com/2018/05/08/aben-reso...-triangle/
https://www.investorideas.com/news/2019/main/...ources.asp
=============================
Aben Resources in the social media
=============================
LinkedIn
https://ca.linkedin.com/company/aben-resources-tsx-v-abn-
Twitter
https://twitter.com/Aben_ABN/
======================
Insider Trading Information
======================
Canadian Insider
https://www.canadianinsider.com/company?ticker=ABN
How Many Aben Resources Ltd. (CVE:ABN) Shares Did Insiders Buy, In The Last Year?
https://simplywall.st/stocks/ca/materials/tsx...-last-year
=============================================================
Other mining companies operating in the Golden Triangle of British Columbia
=============================================================
Aben Resources is a new comer to the Golden Triangle while most of the explorers have been operating there for decades, delineating their resources and reserves to enhance shareholder value. CEO James Pettit optioned Forrest Kerr in 2016, in the subsequent 3 years he drilled and incurred exploration expenses to meet the option agreement, completed the Earn-In in November 2019 and now owns 100% of Forrest Kerr property.
Mining explorers operating in the prolific Golden Triangle of British Columbia and their current share price:
1 RG Romios Gold Resources $0.055
2 ABN Aben Resources $0.070
3 DEC Decade Resources $0.090
4 MRO Millrock Resources Inc. $0.110
5 SKYG Sky Gold Corp $0.140
6 ENDR Enduro Metals Corporation $0.190
7 AMK American Creek Resources Ltd $0.270
8 BBB Brixton Metals Corporation $0.280
9 EVER Evergold Corp $0.240
10 MTS Metallis Resources $0.240
11 MTB Mountain Boy Minerals $0.450
12 GGI Garibaldi Resources Corp $0.410
13 QEX QuestEx Gold & Copper Ltd (name changed from Colorado Resources) $0.610
14 DV Dolly Varden Silver Corp $0.850
15 BNCH Benchmark Metals Inc. $1.190
16 AOT.TO Ascot Resources Ltd. $1.200
17 ESK Eskay Mining Corp $2.720
18 TUD Tudor Gold Corp $2.770
19 GTT GT Gold Corp $2.300
20 TUO Teuton Resources Corp $2.480
21 SKE.TO Skeena Resources Ltd. $3.180
22 III.TO Imperial Metals Corp $4.290
23 PVG.TO Pretium Resources Inc. $14.240
24 ELD.TO Eldorado Gold Corp $14.510
25 SEA.TO Seabridge Gold Inc. $25.790
https://www.seabridgegold.com/company/overview
Due to lack of basic infrastructure like powerline and accessible roads, exploration and discoveries have been arduous in the Golden Triangle in the past decades, it took Seabridge Gold 41 years to achieve its current mineral reserves and resources since its formation in 1979. Thanks to Imperial Metals, its desire to construct a copper mine at Red Chris prompted the government to construct highway and roads and install powerline through the Golden Triangle since 2012, with the basic infrastructure in place and with the progress in modern day mineral detection technology, potential rapid discovery of bonanza gold deposits in the Forrest Kerr fault zone and accurate resources estimate through 3-D imaging can be achieved.
==================================================================
Aben Resources - The potential of bonanza precious metal and base metal discovery
==================================================================
Great Bear Resources's long intervals of high grade gold is contributed by bonanza gold deposits along the LP fault zone in its Dixie property in Red Lake, Ontario.
https://greatbearresources.ca/news/great-bear...-step-out/
GBR.V weekly chart
https://stockcharts.com/h-sc/ui?s=GBR.V&p...5415822585
What do Aben Resources and Great Bear Resources have in common? They both have fault lines in their property where most of massive gold deposits are found. Aben has even longer fault lines which traverse the entire property of Forrest Kerr in the North-South direction. CEO James Pettit likes Forrest Kerr because of the presence of the fault lines. Aben geologists traced the source of the visible gold in the North Boundary zone to an area west of Nelson Creek fault zone and have outlined drilling targets for the coming drilling programs. With high grade gold in its past assays and long intervals of consistent gold mineralization in the drill holes and with the property situated between the prolific Eskay Creek mine and Snip mine, the prospect of bonanza gold deposits in Forrest Kerr is very promising due to similar geology in the area. Constructive share price chart pattern stands out among its peers, reflecting investors' strong confidence in the company's future significant discovery as some experienced investors are super keen in their clairvoyance, they believe bonanza gold deposits are there just as in the neighboring mines, it is only a matter of time the geologist will find them. Looking for bonanza gold deposit in the huge 234 square kilometer area is like looking for a pin in a haystack, time, patience and endurance are needed but drilling close to the fault line greatly increases the chance of discovery just as Great Bear Resources did. While the North Boundary zone hosts super high grade gold, the South Boundary zone hosts massive tonnage of average grade gold, but there could be massive tonnage of high grade gold at great depth too.
======================================
Drilling targets in the coming drilling programs
======================================
Page 17 of Presentation
Click for enlarged view
https://investorshangout.com/images/MYImages/...argets.jpg
==========================
Outlook for the Resource Sector
==========================
Continuous economic stimulus and weak US Dollar are needed in the weak economic growth. The US Dollar Index will likely decline to level 80 in the coming years followed by a side way consolidating. Gold and mining stocks will strive as the economy improves with rising inflation expectation.
US Dollar Index is in a long term down trend towards level 80
https://bigcharts.marketwatch.com/advchart/fr...60&y=5
XAU mining stock Index monthly chart (The 15-year Head-And-Shoulder pattern formed between year 2000 and 2015 signals a prolonged up trend in mining stocks to possibly new record high)
https://bigcharts.marketwatch.com/advchart/fr...62&y=4
Goldman Sach - The outlook for commodities bull market in 2021
https://www.youtube.com/watch?v=y9yuyAAn5Dc
Potential supercycle bodes well for precious metals in 2021, says analyst
https://www.cnbc.com/video/2020/12/18/potenti...alyst.html
Economic boom in China will lead to another commodities supercycle similar to that between the year 2000 to 2008.
https://www.theguardian.com/business/2021/jan...supercycle
Here's Why Commodities are Worth Investing in Right Now
https://www.nasdaq.com/articles/heres-why-com...2021-01-19
Could 2021 be the start of a new super-cycle?
https://www.woodmac.com/news/the-edge/could-2...per-cycle/
Personal Blog
Just as share consolidation happens when outstanding share becomes too diluted, coming currency consolidation is inevitable as stream of paper money or digital currency floods the financial market around the world. During the Great Depression of 1930's in China, inflation was so rampant that prices changed by the week than by the day then by the hour, 300 old Yuan was replaced by a New Yuan, but shortly afterward, 200 former New Yuan was replaced by another New Yuan, forcing majority of the population into poverty except those who bought gold which is a good inflation hedger as gold price in Yuan skyrocketed. With American national debt over 106% GDP and rising and with continuous currency dilution, it will be alarming to look towards the future. One can imagine the only solution for the government is to inflate itself out of debt then what happened in China will happen in America. Global mounting debts is a time bomb waiting to set off with apocalyptic consequence. Gold and potential mining stocks will be the only safe haven in time of financial crisis and economic uncertainty, those not preparing for the inevitable will be forced into poverty as they struggle to survive amid erosion of purchasing power of paper money.
The economic boom of past 100 years was fueled by continuous emergence of new technology and new innovative products amid strong demands from the world's "have nots", but those "have nots" not only are well-fed and well dressed, they have become sellers, vying with the world's biggest economy. Nature is cyclical: Big economic cycle enveloping small economic cycles is the law of the Universe, the 100 year economic boom will not go on forever, another prolonged economic depression is inevitable. Amid global economic and technological saturation and trade war, aggravated by the Pandemic, the global economies are struggling without upward wage pressure, may be the world is already in an economic depression. We are living in the similar situation as in the 1930's but with less severity and austerity because in the 1930's there were less than 100 big American public companies having revenue under $1/2 billion except 7 companies in the oil, automobile and steel industry with revenue between $1 billion and $1.5 billion supported by 121 million American customers. Dow Jones Industrial Average peaked out at 5,726 in 1929 before market crash. Now there are over 17 million American companies with the top 500 biggest companies having revenue between $5 billion and $600 billion supported by 328 million American customers while global customers had increased from 2 billion in 1929 to current 7.8 billion. Economic diversification has resulted in security and stability and prevented the 1930's style economic Great Depression. But In an economic slump, the only economic stimulus is printing money which is inflationary. With astronomical amount of currency dilution globally and domestically chasing finite natural resources amid increasing demands for natural resources from astronomical number of industries, do expect skyrocketing and sustainable high commodities prices in the years ahead with the ramification of runaway inflation.
Gold, the first financial commodity ever traded in human history will be the last financial security and safe haven the world will be seeking for.
============================================
Price chart for Gold, Silver, Copper, XAU Mining Index
============================================
Gold Price
https://stockcharts.com/h-sc/ui?s=%24GOLD&...9325303251
https://mrci.com/pdf/gc.pdf
Silver Price
https://stockcharts.com/h-sc/ui?s=%24SILVER&a...5832796445
https://mrci.com/pdf/si.pdf
Copper Price
https://stockcharts.com/h-sc/ui?s=%24COPPER&a...7009666446
https://www.mrci.com/pdf/hg.pdf
XAU Mining Index
https://stockcharts.com/h-sc/ui?s=%24XAU&...0985509425
Global mining stock Index
https://stockcharts.com/h-sc/ui?s=%24SPTGM&am...5126536165
ABN.V
https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
===============
Chart Technicality
===============
Head-And-Shoulder is a natural chart formation in Nature, it is the most liable and predictable chart pattern among all chart formations.
Bullish and bearish Head-And-Shoulder patterns
https://encrypted-tbn0.gstatic.com/images?q=t...p;usqp=CAU
Bullish Head-And-Shoulder pattern - fail break pattern
Bullish Head-And-Shoulder pattern in copper
Bullish Head-And-Shoulder pattern in XAU mining index
Bullish Head-And-Shoulder pattern in Gold
.gif)
Based on resources potential and chart technicality, a sharp breakout is imminent
.png)
https://investorshangout.com/images/MYImages/...ttern).png
https://investorshangout.com/images/MYImages/...04_ABN.jpg
===================================
Testament for the Golden Triangle potential
===================================
In the year 2000 I bought 200,000 shares of American Bullion Minerals at 5 cents. The company owned the Red Chris copper mine with 6 billion pounds of copper reserves. The company was bought out by Imperial Metals in 2011 at $2 a share, the sale offered me $400K for my early retirement. Hope lightning will strike twice.
Red Chris Mine (at the top right corner of the Golden Triangle)
https://investorshangout.com/images/MYImages/...ABNmap.jpg
I always remind myself that Rome is not built in one day, big fortune can only be made in long term holding of stocks with promising future and that patience and endurance will pay off. No short term gamblers ever came out of a casino alive in the long run.
.
.
.
News Flashback - Will history repeat itself? Certainly, CEO James Pettit said in the interview videos that virtually every hole they drilled encountered gold mineralization and with the presence of visible gold and extension of the mineralization to the west of the Nelson Creek Fault Zone, it is a good indication of the existence of bonanza gold deposit along the fault line. Rome is not built in one day but they are getting there, wait till they get closer to the hot spots, 37 meters of 0.46 g/t in each of the 2 test holes in 2000 could turn into 37 meters of over 10 g/t and share price under 15 cents will be history.
June 21, 2018
Aben Mobilizes to Forrest Kerr Gold Project in BC’s Golden Triangle Region
https://sedar.com/GetFile.do?lang=EN&docC...Id=4343523
August 9, 2018
Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle
https://sedar.com/GetFile.do?lang=EN&docC...Id=4366630
.
.
.
===============
Stock Information
===============
Share Outstanding: 128 million
Ticker Symbols
TSX Venture, Canada: ABN.V
United States of America: OTCQB Market: ABNAF
Frankfurt Exchange, Germany: E2L2
==================
Outstanding Warrants
==================
Click for enlarged view
https://investorshangout.com/images/MYImages/...rrants.gif
===========
Recent News
===========
November 24, 2020
Aben Resources to Extend Term of Share Purchase Warrants
https://www.abenresources.com/news/aben-resou...-warrants/
October 30, 2020
Aben Resources Provides Results and Summary of 2020 Drill Program at the Forrest Kerr Gold Project in BC’s Golden Triangle
https://www.abenresources.com/news/aben-resou...-triangle/
August 21, 2020
Eric Sprott Clarifies Holdings in Aben Resources Ltd.
https://www.newsfilecorp.com/release/62323/Er...on%20share.
https://sedar.com/GetFile.do?lang=EN&docC...Id=4764154
=================================
Financial filing and official news release
=================================
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
=====================
Website and Presentation
=====================
Aben Resources company website
https://www.abenresources.com/
Presentation (Check for new Update each month in the company website above)
https://www.abenresources.com/site/assets/fil...b_2021.pdf
========================================================
Video presentation - Golden Triangle and Forrest Kerr mining property
========================================================
The Golden Triangle of British Columbia
https://www.youtube.com/watch?v=rBY6t3FHu7I
July 15, 2016
https://www.youtube.com/watch?v=egG5OWpTq0s
Aug 10, 2018
https://www.youtube.com/watch?v=rUuDeaYt5ew
Aug 20, 2018
https://www.youtube.com/watch?v=eQpWgPJKln0&a...e=youtu.be
=========================
Mining properties Information
=========================
Justin Property, Yukon
https://www.abenresources.com/projects/justin/
Flagship Forrest Kerr property in the Golden Triangle of British Columbia
Forrest Kerr property covers 23,397 hectares or 234 square Km (6.1 Km x 38.3 Km)
=====================================
Track record of past and current explorations
=====================================
5 gold/copper mines (Eskay Creek mine, Snip mine, Burns Block mine and Copper Canyon mine in the Golden Triangle, Gualcamay mine in Argentina) were discovered by the 4 experienced, subtle and strategic geologists affiliated with Aben Resources with the corresponding companies sold to other mining companies.
Aben Resources's Forrest Kerr drill core assays
Click for enlarged view
https://investorshangout.com/images/MYImages/...assays.jpg
As compared to Skeena Resources's past drill core assays in the Snip Mine
=============================================
Media commentary and interview with CEO James Pettit
=============================================
Equity.Guru video: Aben Resources' (ABN.V) golden triangle opportunity explained by Fabiana Lara
https://www.youtube.com/watch?v=-Mj2R4jvb0A
CEO James Pettit's update on the company's exploration and drilling in Forrest Kerr
https://www.facebook.com/abenresources/videos...326774690/
Massive gold nuggets found in outcrop of Aben's Justin property in Yukon
https://www.youtube.com/watch?v=13goOuptl_w
Silver and Gold Summit - High grade gold and copper discovery in Forrest Kerr
https://cambridgehouse.com/video/8213/highgra...ources-ltd
==========
Media News
==========
The Resource Maven on Aben Resources
http://www.321gold.com/editorials/preston/preston111418.html
https://www.miningfeeds.com/2018/11/07/aben-r...le-winner/
https://investingnews.com/company-profiles/ab...-triangle/
https://www.miningnewsnorth.com/story/2018/10.../5372.html
http://energyandgold.com/2018/05/08/aben-reso...-triangle/
https://www.investorideas.com/news/2019/main/...ources.asp
=============================
Aben Resources in the social media
=============================
https://ca.linkedin.com/company/aben-resources-tsx-v-abn-
https://twitter.com/Aben_ABN/
======================
Insider Trading Information
======================
Canadian Insider
https://www.canadianinsider.com/company?ticker=ABN
How Many Aben Resources Ltd. (CVE:ABN) Shares Did Insiders Buy, In The Last Year?
https://simplywall.st/stocks/ca/materials/tsx...-last-year
=============================================================
Other mining companies operating in the Golden Triangle of British Columbia
=============================================================
Aben Resources is a new comer to the Golden Triangle while most of the explorers have been operating there for decades, delineating their resources and reserves to enhance shareholder value. CEO James Pettit optioned Forrest Kerr in 2016, in the subsequent 3 years he drilled and incurred exploration expenses to meet the option agreement, completed the Earn-In in November 2019 and now owns 100% of Forrest Kerr property.
Mining explorers operating in the prolific Golden Triangle of British Columbia and their current share price:
1 RG Romios Gold Resources $0.055
2 ABN Aben Resources $0.070
3 DEC Decade Resources $0.090
4 MRO Millrock Resources Inc. $0.110
5 SKYG Sky Gold Corp $0.140
6 ENDR Enduro Metals Corporation $0.190
7 AMK American Creek Resources Ltd $0.270
8 BBB Brixton Metals Corporation $0.280
9 EVER Evergold Corp $0.240
10 MTS Metallis Resources $0.240
11 MTB Mountain Boy Minerals $0.450
12 GGI Garibaldi Resources Corp $0.410
13 QEX QuestEx Gold & Copper Ltd (name changed from Colorado Resources) $0.610
14 DV Dolly Varden Silver Corp $0.850
15 BNCH Benchmark Metals Inc. $1.190
16 AOT.TO Ascot Resources Ltd. $1.200
17 ESK Eskay Mining Corp $2.720
18 TUD Tudor Gold Corp $2.770
19 GTT GT Gold Corp $2.300
20 TUO Teuton Resources Corp $2.480
21 SKE.TO Skeena Resources Ltd. $3.180
22 III.TO Imperial Metals Corp $4.290
23 PVG.TO Pretium Resources Inc. $14.240
24 ELD.TO Eldorado Gold Corp $14.510
25 SEA.TO Seabridge Gold Inc. $25.790
https://www.seabridgegold.com/company/overview
Due to lack of basic infrastructure like powerline and accessible roads, exploration and discoveries have been arduous in the Golden Triangle in the past decades, it took Seabridge Gold 41 years to achieve its current mineral reserves and resources since its formation in 1979. Thanks to Imperial Metals, its desire to construct a copper mine at Red Chris prompted the government to construct highway and roads and install powerline through the Golden Triangle since 2012, with the basic infrastructure in place and with the progress in modern day mineral detection technology, potential rapid discovery of bonanza gold deposits in the Forrest Kerr fault zone and accurate resources estimate through 3-D imaging can be achieved.
==================================================================
Aben Resources - The potential of bonanza precious metal and base metal discovery
==================================================================
Great Bear Resources's long intervals of high grade gold is contributed by bonanza gold deposits along the LP fault zone in its Dixie property in Red Lake, Ontario.
https://greatbearresources.ca/news/great-bear...-step-out/
GBR.V weekly chart
https://stockcharts.com/h-sc/ui?s=GBR.V&p...5415822585
What do Aben Resources and Great Bear Resources have in common? They both have fault lines in their property where most of massive gold deposits are found. Aben has even longer fault lines which traverse the entire property of Forrest Kerr in the North-South direction. CEO James Pettit likes Forrest Kerr because of the presence of the fault lines. Aben geologists traced the source of the visible gold in the North Boundary zone to an area west of Nelson Creek fault zone and have outlined drilling targets for the coming drilling programs. With high grade gold in its past assays and long intervals of consistent gold mineralization in the drill holes and with the property situated between the prolific Eskay Creek mine and Snip mine, the prospect of bonanza gold deposits in Forrest Kerr is very promising due to similar geology in the area. Constructive share price chart pattern stands out among its peers, reflecting investors' strong confidence in the company's future significant discovery as some experienced investors are super keen in their clairvoyance, they believe bonanza gold deposits are there just as in the neighboring mines, it is only a matter of time the geologist will find them. Looking for bonanza gold deposit in the huge 234 square kilometer area is like looking for a pin in a haystack, time, patience and endurance are needed but drilling close to the fault line greatly increases the chance of discovery just as Great Bear Resources did. While the North Boundary zone hosts super high grade gold, the South Boundary zone hosts massive tonnage of average grade gold, but there could be massive tonnage of high grade gold at great depth too.
======================================
Drilling targets in the coming drilling programs
======================================
Page 17 of Presentation
Click for enlarged view
https://investorshangout.com/images/MYImages/...argets.jpg
==========================
Outlook for the Resource Sector
==========================
Continuous economic stimulus and weak US Dollar are needed in the weak economic growth. The US Dollar Index will likely decline to level 80 in the coming years followed by a side way consolidating. Gold and mining stocks will strive as the economy improves with rising inflation expectation.
US Dollar Index is in a long term down trend towards level 80
https://bigcharts.marketwatch.com/advchart/fr...60&y=5
XAU mining stock Index monthly chart (The 15-year Head-And-Shoulder pattern formed between year 2000 and 2015 signals a prolonged up trend in mining stocks to possibly new record high)
https://bigcharts.marketwatch.com/advchart/fr...62&y=4
Goldman Sach - The outlook for commodities bull market in 2021
https://www.youtube.com/watch?v=y9yuyAAn5Dc
Potential supercycle bodes well for precious metals in 2021, says analyst
https://www.cnbc.com/video/2020/12/18/potenti...alyst.html
Economic boom in China will lead to another commodities supercycle similar to that between the year 2000 to 2008.
https://www.theguardian.com/business/2021/jan...supercycle
Here's Why Commodities are Worth Investing in Right Now
https://www.nasdaq.com/articles/heres-why-com...2021-01-19
Could 2021 be the start of a new super-cycle?
https://www.woodmac.com/news/the-edge/could-2...per-cycle/
Personal Blog
Just as share consolidation happens when outstanding share becomes too diluted, coming currency consolidation is inevitable as stream of paper money or digital currency floods the financial market around the world. During the Great Depression of 1930's in China, inflation was so rampant that prices changed by the week than by the day then by the hour, 300 old Yuan was replaced by a New Yuan, but shortly afterward, 200 former New Yuan was replaced by another New Yuan, forcing majority of the population into poverty except those who bought gold which is a good inflation hedger as gold price in Yuan skyrocketed. With American national debt over 106% GDP and rising and with continuous currency dilution, it will be alarming to look towards the future. One can imagine the only solution for the government is to inflate itself out of debt then what happened in China will happen in America. Global mounting debts is a time bomb waiting to set off with apocalyptic consequence. Gold and potential mining stocks will be the only safe haven in time of financial crisis and economic uncertainty, those not preparing for the inevitable will be forced into poverty as they struggle to survive amid erosion of purchasing power of paper money.
The economic boom of past 100 years was fueled by continuous emergence of new technology and new innovative products amid strong demands from the world's "have nots", but those "have nots" not only are well-fed and well dressed, they have become sellers, vying with the world's biggest economy. Nature is cyclical: Big economic cycle enveloping small economic cycles is the law of the Universe, the 100 year economic boom will not go on forever, another prolonged economic depression is inevitable. Amid global economic and technological saturation and trade war, aggravated by the Pandemic, the global economies are struggling without upward wage pressure, may be the world is already in an economic depression. We are living in the similar situation as in the 1930's but with less severity and austerity because in the 1930's there were less than 100 big American public companies having revenue under $1/2 billion except 7 companies in the oil, automobile and steel industry with revenue between $1 billion and $1.5 billion supported by 121 million American customers. Dow Jones Industrial Average peaked out at 5,726 in 1929 before market crash. Now there are over 17 million American companies with the top 500 biggest companies having revenue between $5 billion and $600 billion supported by 328 million American customers while global customers had increased from 2 billion in 1929 to current 7.8 billion. Economic diversification has resulted in security and stability and prevented the 1930's style economic Great Depression. But In an economic slump, the only economic stimulus is printing money which is inflationary. With astronomical amount of currency dilution globally and domestically chasing finite natural resources amid increasing demands for natural resources from astronomical number of industries, do expect skyrocketing and sustainable high commodities prices in the years ahead with the ramification of runaway inflation.
Gold, the first financial commodity ever traded in human history will be the last financial security and safe haven the world will be seeking for.
============================================
Price chart for Gold, Silver, Copper, XAU Mining Index
============================================
Gold Price
https://stockcharts.com/h-sc/ui?s=%24GOLD&...9325303251
https://mrci.com/pdf/gc.pdf
Silver Price
https://stockcharts.com/h-sc/ui?s=%24SILVER&a...5832796445
https://mrci.com/pdf/si.pdf
Copper Price
https://stockcharts.com/h-sc/ui?s=%24COPPER&a...7009666446
https://www.mrci.com/pdf/hg.pdf
XAU Mining Index
https://stockcharts.com/h-sc/ui?s=%24XAU&...0985509425
Global mining stock Index
https://stockcharts.com/h-sc/ui?s=%24SPTGM&am...5126536165
ABN.V
https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
===============
Chart Technicality
===============
Head-And-Shoulder is a natural chart formation in Nature, it is the most liable and predictable chart pattern among all chart formations.
Bullish and bearish Head-And-Shoulder patterns
https://encrypted-tbn0.gstatic.com/images?q=t...p;usqp=CAU
Bullish Head-And-Shoulder pattern - fail break pattern
Bullish Head-And-Shoulder pattern in copper
Bullish Head-And-Shoulder pattern in XAU mining index
Bullish Head-And-Shoulder pattern in Gold
Based on resources potential and chart technicality, a sharp breakout is imminent
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Testament for the Golden Triangle potential
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In the year 2000 I bought 200,000 shares of American Bullion Minerals at 5 cents. The company owned the Red Chris copper mine with 6 billion pounds of copper reserves. The company was bought out by Imperial Metals in 2011 at $2 a share, the sale offered me $400K for my early retirement. Hope lightning will strike twice.
Red Chris Mine (at the top right corner of the Golden Triangle)
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I always remind myself that Rome is not built in one day, big fortune can only be made in long term holding of stocks with promising future and that patience and endurance will pay off. No short term gamblers ever came out of a casino alive in the long run.
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News Flashback - Will history repeat itself? Certainly, CEO James Pettit said in the interview videos that virtually every hole they drilled encountered gold mineralization and with the presence of visible gold and extension of the mineralization to the west of the Nelson Creek Fault Zone, it is a good indication of the existence of bonanza gold deposit along the fault line. Rome is not built in one day but they are getting there, wait till they get closer to the hot spots, 37 meters of 0.46 g/t in each of the 2 test holes in 2000 could turn into 37 meters of over 10 g/t and share price under 15 cents will be history.
June 21, 2018
Aben Mobilizes to Forrest Kerr Gold Project in BC’s Golden Triangle Region
https://sedar.com/GetFile.do?lang=EN&docC...Id=4343523
August 9, 2018
Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle
https://sedar.com/GetFile.do?lang=EN&docC...Id=4366630
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