Today's news of the $82 MILLION Buyout Of Guerrero Gold Belt Mine And Facilities In Mexico To Joint Venture Partner Qiangda Investments & Economics Co. Ltd. (QIEC) IS REALLY HUGE. This company is VERY VERY UNDERVALUED, AND VERY CASH RICH (With $108 MILLION AFTER TODAY'S BUYOUT NEWS) WITH HUGE GROWING VALUATIONS QUARTER OVER QUARTER.DO NOT GIVE AWAY YOUR SHARES THIS CHEAP, HOLD FOR GOLD
- The share price is being manipulated, to acquire cheap shares and steal shares. - DO NOT FALL for the MMs and naked short sellers manipulation. - They are helping very large investors, Hedge Funds, Mutual Funds and Large Equity Groups to acquire cheap shares BIG TIME. I verified this on L2, where we are seeing Buys worth $178k, $200+k and higher. - They know very well that this is headed to minimum 50 CENTS to 1 DOLLAR or MORE. - They are VERY CASH RICH, as detailed below. - DO NOT GIVE AWAY YOUR SHARES THIS CHEAP, HOLD FOR GOLD.
VERY HUGE AND REALISTIC POTENTIAL FOR A COMPLETE BUYOUT OF AABB BY A LARGE MINING COMPANY OR A LARGE EQUITY GROUP
- AABB has huge valuations and became very CASH RICH with today's BUYOUT news. - Details as to why a complete buyout of AABB is very strong and realistic is due to the catalysts and due diligence in the items below. - Please remember that companies like Newmont Goldcorp, Barrick Gold, AngloGold Ashanti, Kinross Gold and Newcrest Mining that have huge valuations and huge cash, buying AABB is a drop in the bucket.
CASH IN HAND WITH THIS BUYOUT = $108 MILLION. DETAILS BELOW
Components of liquid cash owned by AABB after Buyout: - $52 Million from buyout. - $16+ Million Gross Profits (This is cash, after paying operations costs and other expenses). - $30 Million in Gold Bullion. (This is way better than cash, but can be still considered as cash for our computation) - 29% Equity Interest, of $34 MILLION = $9.5 Million.
I have not seen an OTC Pink Sheet company with this kind of cash in hand.
GOLD BULLION IN HAND WITH BUYOUT = $30 MILLION (WAY BETTER THAN CASH FIAT CURRENCY) WITH INCREASING VALUATION WITH INCREASING GOLD PRICES - This Gold Bullion obtained from the buyout and the Gold reserves in the gold mines acquired by AABB, will be used to back the Crypto Currency coin that the company will provide valuation for and ICO very soon. - This is super huge, as we have GOLD backing the Crypto and no FIAT CURRENCY.
AABB WILL VERY SOON BE RELEASING THEIR AUDITED FINANCIALS AND UPLISTING TO OTCQB PROVIDING HUGE SHAREHOLDER TRANSPARENCY. THEY MAY ALSO HAVE A SYMBOL, NAME AND CUSIP # CHANGE
- They don't have many quarters to audit, remember they mentioned that AABB began the auditor selection process last year, but management postponed the initiative to focus on the mining operations facilities expansion and the Phase II drilling program completion. - The PR for this is in the link below. - This was in October of 2020, I believe the audit should take about 3 months, that is why I mentioned it is January 2021, to be completed. - This will add HUGE TRANSPARENCY into the company and their valuation. - The company has mentioned that their Gross Profits are greater than $16+ million gross profit, and Revenues of at least $40+ million, and growing big time quarter over quarter. Joint Venture Partner, Qiangda Investments & Economics Co. Ltd. has found HUGE value in AABB. AABB is anticipating a three-fold increase in gold production levels in 2020 from the Company’s added operational capacity.
- The name, CUSIP# and symbol change will force HUGE SHORT COVERING, thereby causing the share price to skyrocket.
SHARE BUYBACK OR SHARE RETIREMENT WILL HAPPEN SOON. THAT WILL INCREASE SHARE PRICE VALUATION.
- AABB has huge amount of cash on hand, so they will buyback or retire around 30% of the Outstanding shares, thereby increasing shareholder valuation drastically. - This will also cause huge short covering. The company now has close to 1 Billion Short shares.
THERE IS A HUGE SHORT IN AABB STOCK. MORE THAN 1 BILLION SHARES
GOLD BACKED CRYPTO CURRENCY VALUATION AND ICO TO HEPPEN VERY SOON.
- They are in the final stages of bringing the Gold Backed Crypto currency offering. - We are in a crypto currency boom and the great thing is that it is backed by Gold which has huge value and not FIAT currency whose value is reducing with time. - This is really HUGE, and this makes AAB not only a Gold mining company but also a Crypto currency company, that can cause the stock to soar to huge heights. - When AABB does the ICO for the Gold Backed Crypto currency, and the valuation of the coin is released, a large number of Crypto Currency buyers will start buying and they will feel very safe as it is backed by Gold and not FIAT currency, and will be like owning GOLD, with huge value that will go up. - This will also add a HUGE and I mean HUGE momentum to the AABB stock as well. - The valuation of the Gold Backed Crypto Currency and its "Initial Coin Offering" (ICO), please remember that we are in the Crypto currency boom and 2021 is the Digital currency year, a lot of Crypto Currency momentum traders will start buying AABB big time, once the valuation is released, and I am sure some are already accumulating at these ridiculous prices.
The below video interview with Max Kieser, talks about a Gold backed cryptocurrency coin (Which I am very positive they are referring to AABB), being backed by China. China and India are the largest consumers of Gold and Silver. AABB has a Gold backed cryptocurrency coin being backed by Chinese in Max Keiser interview.Anybody bearish on this stock at pennyland with a gold backed cryptocurrency coin is going to be extremely sorry! imo this will go to dollars. MARA & RIOT were .35 & .51 this year and not gold backed cryptocurrency coin. The Max Kieser interview link is below:
COMPANY HAS OTHER GOLD MINES ACQUISITIONS THAT ARE ADDING TO THE COMPANY AND SHARE PRICE VALUATION
The company is acquiring more Gold mines to increase company and shareholder valuation. They will end up selling these highly valued gold mines, as they will be in HUGE DEMAND as the gold prices keep escalating.
Initiated negotiations to purchase an additional 200 hectares of mineral property adjacent to the Company’s existing San Palmar gold property in Colima, Mexico.
Began the construction of exploration and development facilities and infrastructure roads on its high potential gold and base metal property in Colima, Mexico. The goal of the development program is to accelerate the process of moving toward production.
Acquired a high potential mineral property in the state of Colima, Mexico. The terms of the property purchase were a lump-sum payment of $1.1 million for a 100% interest in the 100 hectare parcel. The acquisition also allows for the opportunity to expand AABB’s ownership footprint in the area.
Began the Company’s mine development program at the property site in Colombia, South America. In recent months during the travel ban period, the Company initiated the planning and preparation process to create an expansion and development program for the Company’s new gold mine acquisition.
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