Aben Resources Ltd (ABNAF)

[ThSeeker]

NIA comments

Earlier this week, a gold explorer located east of Aben Resources (TSXV: ABN)'s Forrest Kerr Golden Triangle, BC project called Benchmark Metals (TSXV: BNCH), which has been conducting a drilling campaign at its Lawyers project, announced that it intercepted 85.1 g/t of gold equivalent over 2.87m for 244.24 grammetres of gold equivalent and BNCH's share price rose 17.8% to $0.43 per share where it reached a market cap of CAD$45.34 million. This followed BNCH's September 20th news that it intercepted 5.01 g/t of gold equivalent over 25m for 125.25 grammetres of gold equivalent. Back on August 16th, BNCH intercepted 3.25 g/t of gold equivalent over 26.75m for 86.94 grammetres of gold equivalent.

SIx months ago prior to BNCH launching its drilling campaign it was trading for only $0.17 per share. BNCH's strong drilling results have caused its share price to rise as much as 167.65% to a new 52-week high of $0.455 per share while the company has successfully raised a total of CAD$9.5 million this year in private placements at an average issuance price of $0.293 per share.

ABN's market cap at its current price of $0.13 per share is only CAD$15.17 million when ABN's historical drilling results have been very similar to BNCH and ABN is set to release its latest drilling results for 2019 in the upcoming days! Six months ago, ABN's market cap was 3.39X the market cap of BNCH. Today, ABN's market cap is only 0.377X the market cap of BNCH! ABN's market cap was equal to BNCH as recently as August 26th and after ABN releases its new drilling results this month we expect to see ABN's valuation immediately return to a level that is at least equal to BNCH. Click here to see for yourself!

Since August 2018, ABN has raised a total of CAD$6.33 million in private placements at an average issuance price of $0.298 per share. ABN's average private placement issuance price of $0.298 per share has been 1.7% higher than BNCH's average private placement issuance price of $0.293 per share, yet while BNCH reached a high this week of $0.43 per share up 46.76% from its recent average private placement issuance price... ABN at its current price of $0.13 per share is currently 56.38% below its recent average private placement issuance price! ABN must gain by 129.23% just to return to the price where major institutional investors like billionaire Eric Sprott invested a total of $6.33 million!

Sprott was also a buyer of ABN shares in the open market at $0.38 per share! ABN must gain by 192.3% just to return to the price where the world's most successful gold investor purchased shares in the open market! Check out NIA's must see charts of ABN's market cap vs. BNCH's market cap by clicking here!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from ABN of US$20,000 cash for a one-month marketing contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment adv

National Inflation Association
Gerard Adams