AbraSilver Resource Corp. (ABBRF)

[ThSeeker]

GIL update
...AbraPlata Intersects 17.5 Metres of 604 g/t Silver and 7.0 Metres of 20.6 g/t Gold with 202 g/t Silver at Diablillos Project



AbraPlata Intercepts 14 Metres Of 6.40 g/t Gold & 197 g/t Silver And Identifies High-Grade Copper Zone With Intercept Of 15 Metres Of 5.1% Copper, 2.35 g/t Gold & 658 g/t Silver



???????5% copper opens up a whole new can of worms in this predominately gold/silver deposit! This asset is very advanced, with over 500 holes drilled and at the PEA stage. I asked the CEO yesterday about NPV values with silver a bit higher. At $25 silver and just $1,800 gold, the NPV at Diabillos is almost $700 Million CDN. ABRA has just a $45M CDN market cap right now!



If they were bought out in the next 6-12 months, I would expect them to command at least have of that NAV value. 7-8X higher than we are today at .17 CDN. Many of you own this one already, so enjoy the ride! New investors can certainly add shares up to the high teens/under .20. Shareholders may want to top off positions in the .16-.185 range while we can. I have been an aggressive buyer this past week.