Market and news update ...........................
Post# of 1088
(Total Views: 544)
Posted On: 10/28/2021 11:15:57 AM
Market and news update ..........................................................
Be reminded that Annual General Meeting will be held on Monday November 22.
Annual General Meeting Notice:
Record Date for Notice of Meeting : October 18, 2021
Record Date for Voting : October 18, 2021
Beneficial Ownership Determination Date : October 18, 2021
Meeting Date : November 22, 2021
Meeting Location : Vancouver, BC
Shareholder will receive the Proxy soon, they can vote online and the vote must be submitted before 10 am, Thursday November 18.
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
Up trend in the Mining Sector has begun, investors are buying up shares of mining companies having their resource delineated, share price of other potential explorers will follow. Early birds get the worm, late comers will pay higher prices. Historically, Aben share price turned around and surged very sharply once increasing number of investors recognize bottom is in and timing is right.
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With spectacular high grade / visible gold in the past assays and the potential of bonanza discovery, current share price is tremendously undervalued. It was trading in the 20 cents to 30 cents area 3 years ago before the slump in the mining sector, price could surge back to that area as a rising river raises all boats.
Dec 2022 Gold Future Monthly (Volume is rising showing increasing investor interest in gold)
Dec 2022 Gold Future Quarterly (Stochastics Indicator in the Quarterly chart is about to cross upward, indicating imminent prolonged up trend in gold price. Chart technicality forecasts strong New Year upward surge, signalling a lasting up trend in gold price in the year 2022)
XAU Mining Index Quarterly (Quarterly chart shows up trend is still intact, a sharp upturn from the fail break situation will signal resumption of the up trend for senior mining stocks and the beginning of a new bull market for junior mining explorers)
US Dollar Index (The 50-year down trend is still intact and is struggling at the 95 resistance level. In the long run, US Dollar will decline to 80 area as trade deficit and budget deficit deteriorate)
https://mrci.com/pdf/dx.pdf
Future scenario for share price of Aben Resources:
Click for enlarged view:
https://investorshangout.com/images/MYImages/...6_SOLD.gif
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.
In July, 2021 Aben acquired the Pringle North property in Red Lake, Ontario and completed the Magnetic Survey for mineralization study. Unlike the Golden Triangle of British Columbia where drilling is seasonal, the Red Lake Mining District enables a year-round mining operation due to its mild winter temperature. The region has produced over 22 million ounces of gold through 2004, worth over $US 35 billion at 2014 prices. The two principal mines, Campbell and Red Lake, both have historic ore grades averaging about 0.57 oz/ton (22 g/tonne) gold.
The following are mining explorers operating in the prolific Golden Triangle of British Columbia. Share prices are not up to date, they are for comparison only. With Aben's spectacular high grade / visible gold occurrence in the North Boundary zone of Forrest Kerr and potential bonanza discovery and with share price at rock bottom level, Aben offers investors the best value at basement entry level.
Up trend in mining stocks has begun, led by those with their gold resources delineated followed by explorers with potential bonanza gold discovery and resources.
SEA.TO Seabridge Gold $19.600 https://stockcharts.com/h-sc/ui?s=SEA.TO&...0125765441
ELD.TO Eldorado Gold Corp $10.050 https://stockcharts.com/h-sc/ui?s=ELD.TO&...6093748522
PVG.TO Pretium Resources $12.680 https://stockcharts.com/h-sc/ui?s=PVG.TO&...6630983759
III.TO Imperial Metals Corp $3.900 https://stockcharts.com/h-sc/ui?s=III.TO&...3507076263
SKE.TO Skeena Resources $12.620 https://stockcharts.com/h-sc/ui?s=SKE.TO&...2377942100
TUD.V Tudor Gold Corp $2.240 https://stockcharts.com/h-sc/ui?s=TUD.V&p...7186783346
TUO.V Teuton Resources Corp $2.220 https://stockcharts.com/h-sc/ui?s=TUO.V&p...1926720407
ESK.V Eskay Mining Corp $2.120 https://stockcharts.com/h-sc/ui?s=ESK.V&p...2221768177
BNCH.V Benchmark Metals $1.020 https://stockcharts.com/h-sc/ui?s=BNCH.V&...8185217032
QEX.V QuestEx Gold & Copper $0.780 https://stockcharts.com/h-sc/ui?s=QEX.V&p...7398162842
AOT.TO Ascot Resources $1.050 https://stockcharts.com/h-sc/ui?s=AOT.TO&...1773813526
DV.V Dolly Varden Silver Corp $0.500 https://stockcharts.com/h-sc/ui?s=DV.V&p=...0211663558
MTS.V Metallis Resources $0.270 https://stockcharts.com/h-sc/ui?s=MTS.V&p...3708570676
SASY.CA Sassy Resources $0.390 https://stockcharts.com/h-sc/ui?s=SASY.CA&...7712944421
GGI.V Garibaldi Resources Corp $0.250 https://stockcharts.com/h-sc/ui?s=GGI.V&p...6339012581
EVER.V Evergold Corp $0.140 https://stockcharts.com/h-sc/ui?s=EVER.V&...9306455150
AMK.V American Creek Resources $0.175 https://stockcharts.com/h-sc/ui?s=AMK.V&p...4902895968
BBB.V Brixton Metals Corporation $0.130 https://stockcharts.com/h-sc/ui?s=BBB.V&p...4146375562
MTB.V Mountain Boy Minerals $0.170 https://stockcharts.com/h-sc/ui?s=MTB.V&p...5090334703
SCOT.V Scottie Resources $0.170 https://stockcharts.com/h-sc/ui?s=SCOT.V&...5282581933
ENDR.V Enduro Metals Corporation $0.180 https://stockcharts.com/h-sc/ui?s=ENDR.V&...0889726269
SKYG.V Sky Gold Corp $0.100 https://stockcharts.com/h-sc/ui?s=SKYG.V&...4081325604
MRO.V Millrock Resources $0.050 https://stockcharts.com/h-sc/ui?s=MRO.V&p...6836544963
ABN.V Aben Resources $0.045 https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
DEC.V Decade Resources $0.040 https://stockcharts.com/h-sc/ui?s=DEC.V&p...1633995508
RG.V Romios Gold Resources $0.035 https://stockcharts.com/h-sc/ui?s=RG.V&p=...3258189645
HAWK.V Hawkeye Gold and Diamond $0.020 https://stockcharts.com/h-sc/ui?s=HAWK.V&...7176714740
Be reminded that Annual General Meeting will be held on Monday November 22.
Annual General Meeting Notice:
Record Date for Notice of Meeting : October 18, 2021
Record Date for Voting : October 18, 2021
Beneficial Ownership Determination Date : October 18, 2021
Meeting Date : November 22, 2021
Meeting Location : Vancouver, BC
Shareholder will receive the Proxy soon, they can vote online and the vote must be submitted before 10 am, Thursday November 18.
https://sedar.com/DisplayCompanyDocuments.do?...o=00005652
Up trend in the Mining Sector has begun, investors are buying up shares of mining companies having their resource delineated, share price of other potential explorers will follow. Early birds get the worm, late comers will pay higher prices. Historically, Aben share price turned around and surged very sharply once increasing number of investors recognize bottom is in and timing is right.
With spectacular high grade / visible gold in the past assays and the potential of bonanza discovery, current share price is tremendously undervalued. It was trading in the 20 cents to 30 cents area 3 years ago before the slump in the mining sector, price could surge back to that area as a rising river raises all boats.
Dec 2022 Gold Future Monthly (Volume is rising showing increasing investor interest in gold)
Dec 2022 Gold Future Quarterly (Stochastics Indicator in the Quarterly chart is about to cross upward, indicating imminent prolonged up trend in gold price. Chart technicality forecasts strong New Year upward surge, signalling a lasting up trend in gold price in the year 2022)
XAU Mining Index Quarterly (Quarterly chart shows up trend is still intact, a sharp upturn from the fail break situation will signal resumption of the up trend for senior mining stocks and the beginning of a new bull market for junior mining explorers)
US Dollar Index (The 50-year down trend is still intact and is struggling at the 95 resistance level. In the long run, US Dollar will decline to 80 area as trade deficit and budget deficit deteriorate)
https://mrci.com/pdf/dx.pdf
Future scenario for share price of Aben Resources:
Click for enlarged view:
https://investorshangout.com/images/MYImages/...6_SOLD.gif
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.
In July, 2021 Aben acquired the Pringle North property in Red Lake, Ontario and completed the Magnetic Survey for mineralization study. Unlike the Golden Triangle of British Columbia where drilling is seasonal, the Red Lake Mining District enables a year-round mining operation due to its mild winter temperature. The region has produced over 22 million ounces of gold through 2004, worth over $US 35 billion at 2014 prices. The two principal mines, Campbell and Red Lake, both have historic ore grades averaging about 0.57 oz/ton (22 g/tonne) gold.
The following are mining explorers operating in the prolific Golden Triangle of British Columbia. Share prices are not up to date, they are for comparison only. With Aben's spectacular high grade / visible gold occurrence in the North Boundary zone of Forrest Kerr and potential bonanza discovery and with share price at rock bottom level, Aben offers investors the best value at basement entry level.
Up trend in mining stocks has begun, led by those with their gold resources delineated followed by explorers with potential bonanza gold discovery and resources.
SEA.TO Seabridge Gold $19.600 https://stockcharts.com/h-sc/ui?s=SEA.TO&...0125765441
ELD.TO Eldorado Gold Corp $10.050 https://stockcharts.com/h-sc/ui?s=ELD.TO&...6093748522
PVG.TO Pretium Resources $12.680 https://stockcharts.com/h-sc/ui?s=PVG.TO&...6630983759
III.TO Imperial Metals Corp $3.900 https://stockcharts.com/h-sc/ui?s=III.TO&...3507076263
SKE.TO Skeena Resources $12.620 https://stockcharts.com/h-sc/ui?s=SKE.TO&...2377942100
TUD.V Tudor Gold Corp $2.240 https://stockcharts.com/h-sc/ui?s=TUD.V&p...7186783346
TUO.V Teuton Resources Corp $2.220 https://stockcharts.com/h-sc/ui?s=TUO.V&p...1926720407
ESK.V Eskay Mining Corp $2.120 https://stockcharts.com/h-sc/ui?s=ESK.V&p...2221768177
BNCH.V Benchmark Metals $1.020 https://stockcharts.com/h-sc/ui?s=BNCH.V&...8185217032
QEX.V QuestEx Gold & Copper $0.780 https://stockcharts.com/h-sc/ui?s=QEX.V&p...7398162842
AOT.TO Ascot Resources $1.050 https://stockcharts.com/h-sc/ui?s=AOT.TO&...1773813526
DV.V Dolly Varden Silver Corp $0.500 https://stockcharts.com/h-sc/ui?s=DV.V&p=...0211663558
MTS.V Metallis Resources $0.270 https://stockcharts.com/h-sc/ui?s=MTS.V&p...3708570676
SASY.CA Sassy Resources $0.390 https://stockcharts.com/h-sc/ui?s=SASY.CA&...7712944421
GGI.V Garibaldi Resources Corp $0.250 https://stockcharts.com/h-sc/ui?s=GGI.V&p...6339012581
EVER.V Evergold Corp $0.140 https://stockcharts.com/h-sc/ui?s=EVER.V&...9306455150
AMK.V American Creek Resources $0.175 https://stockcharts.com/h-sc/ui?s=AMK.V&p...4902895968
BBB.V Brixton Metals Corporation $0.130 https://stockcharts.com/h-sc/ui?s=BBB.V&p...4146375562
MTB.V Mountain Boy Minerals $0.170 https://stockcharts.com/h-sc/ui?s=MTB.V&p...5090334703
SCOT.V Scottie Resources $0.170 https://stockcharts.com/h-sc/ui?s=SCOT.V&...5282581933
ENDR.V Enduro Metals Corporation $0.180 https://stockcharts.com/h-sc/ui?s=ENDR.V&...0889726269
SKYG.V Sky Gold Corp $0.100 https://stockcharts.com/h-sc/ui?s=SKYG.V&...4081325604
MRO.V Millrock Resources $0.050 https://stockcharts.com/h-sc/ui?s=MRO.V&p...6836544963
ABN.V Aben Resources $0.045 https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
DEC.V Decade Resources $0.040 https://stockcharts.com/h-sc/ui?s=DEC.V&p...1633995508
RG.V Romios Gold Resources $0.035 https://stockcharts.com/h-sc/ui?s=RG.V&p=...3258189645
HAWK.V Hawkeye Gold and Diamond $0.020 https://stockcharts.com/h-sc/ui?s=HAWK.V&...7176714740
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