Market Update ....................................
Post# of 1088
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 amid rising gold price and XAU Mining Index.
GCZ22 Monthly (December 2022 Gold Future price is breaking out from the October convergence with increasing volume as increasing number of investor flee to gold amid rising inflation and increasing military tension in the South China Sea.
https://www.youtube.com/results?search_query=...p=CAI%253D
https://bigcharts.marketwatch.com/advchart/fr...mp;state=8
December 2022 Gold Future Quarterly (Stochastics Indicator is about to cross upward, indicating inevitable prolonged uptrend in gold price).
GCZ22 Quarterly
https://bigcharts.marketwatch.com/advchart/fr...2&x=74
GCZ22 Yearly (Chart technicality forecasts a strong breakout on the upside in the New Year signalling a strong and lasting bull market in gold and could make new historical high over $2100)
https://bigcharts.marketwatch.com/advchart/fr...mp;state=8
XAU Mining Index Quarterly (Uptrend is resuming after one year of hiatus and side way consolidation)
https://bigcharts.marketwatch.com/advchart/fr...53&y=9
XAU Mining Index Yearly (Technicality points to a strong breakout in 2022 followed by a lasting bull market in the mining sector. The Index will test the historical high of 230 made in 2011 and may make new record high)
https://bigcharts.marketwatch.com/advchart/fr...mp;state=8
ABN.V future share price scenario
https://investorshangout.com/images/MYImages/...enario.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. 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.
In November, 2021 Aben executed a formal option agreement with Eagle Plains Resources Ltd. for exclusive right to earn a 100% interest in the Slocan Graphite Project located 34km northwest of Castlegar, British Columbia. The Slocan Graphite project consists of 2,387 hactre (23.87 square kilometer) hosting several large flake graphite-bearing outcrops and float occurrences known as the Tedesco Zone, which is interpreted to extend over 2.0 km.
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. Aben's spectacular high grade / visible gold occurrence in the North Boundary zone of Forrest Kerr may host potential bonanza gold deposit while the Slocan graphite project may host commerically viable graphite deposit destinated to worldwide markets. Aben offers investors the best value at basement entry level.
1 SEA.TO Seabridge Gold $19.600 https://stockcharts.com/h-sc/ui?s=SEA.TO&...0125765441
2 ELD.TO Eldorado Gold Corp $10.050 https://stockcharts.com/h-sc/ui?s=ELD.TO&...6093748522
3 PVG.TO Pretium Resources $12.680 https://stockcharts.com/h-sc/ui?s=PVG.TO&...6630983759
4 III.TO Imperial Metals Corp $3.900 https://stockcharts.com/h-sc/ui?s=III.TO&...3507076263
5 SKE.TO Skeena Resources $12.620 https://stockcharts.com/h-sc/ui?s=SKE.TO&...2377942100
6 TUD.V Tudor Gold Corp $2.240 https://stockcharts.com/h-sc/ui?s=TUD.V&p...7186783346
7 TUO.V Teuton Resources Corp $2.220 https://stockcharts.com/h-sc/ui?s=TUO.V&p...1926720407
8 ESK.V Eskay Mining Corp $2.120 https://stockcharts.com/h-sc/ui?s=ESK.V&p...2221768177
9 BNCH.V Benchmark Metals $1.020 https://stockcharts.com/h-sc/ui?s=BNCH.V&...8185217032
10 QEX.V QuestEx Gold & Copper $0.780 https://stockcharts.com/h-sc/ui?s=QEX.V&p...7398162842
11 AOT.TO Ascot Resources $1.050 https://stockcharts.com/h-sc/ui?s=AOT.TO&...1773813526
12 DV.V Dolly Varden Silver Corp $0.500 https://stockcharts.com/h-sc/ui?s=DV.V&p=...0211663558
13 MTS.V Metallis Resources $0.270 https://stockcharts.com/h-sc/ui?s=MTS.V&p...3708570676
14 SASY.CA Sassy Resources $0.390 https://stockcharts.com/h-sc/ui?s=SASY.CA&...7712944421
15 GGI.V Garibaldi Resources Corp $0.250 https://stockcharts.com/h-sc/ui?s=GGI.V&p...6339012581
16 EVER.V Evergold Corp $0.140 https://stockcharts.com/h-sc/ui?s=EVER.V&...9306455150
17 AMK.V American Creek Resources $0.175 https://stockcharts.com/h-sc/ui?s=AMK.V&p...4902895968
18 BBB.V Brixton Metals Corporation $0.130 https://stockcharts.com/h-sc/ui?s=BBB.V&p...4146375562
19 GLDN.V Golden Ridge Resources $0.170 https://stockcharts.com/h-sc/ui?s=GLDN.V&...4998380595
20 MTB.V Mountain Boy Minerals $0.170 https://stockcharts.com/h-sc/ui?s=MTB.V&p...5090334703
21 SCOT.V Scottie Resources $0.170 https://stockcharts.com/h-sc/ui?s=SCOT.V&...5282581933
22 ENDR.V Enduro Metals Corporation $0.180 https://stockcharts.com/h-sc/ui?s=ENDR.V&...0889726269
23 SKYG.V Sky Gold Corp $0.100 https://stockcharts.com/h-sc/ui?s=SKYG.V&...4081325604
24 MRO.V Millrock Resources $0.050 https://stockcharts.com/h-sc/ui?s=MRO.V&p...6836544963
25 ABN.V Aben Resources $0.045 https://stockcharts.com/h-sc/ui?s=ABN.V&p...7496113214
26 DEC.V Decade Resources $0.040 https://stockcharts.com/h-sc/ui?s=DEC.V&p...1633995508
27 RG.V Romios Gold Resources $0.035 https://stockcharts.com/h-sc/ui?s=RG.V&p=...3258189645
28 HAWK.V Hawkeye Gold and Diamond $0.020 https://stockcharts.com/h-sc/ui?s=HAWK.V&...7176714740