Asia Broadband Inc (AABB)

[Wolfe64]

From Glareice on Twits

$AABB
response from ir

“That statement references was from a Press Release last year from initial work done on Bonanza during the due diligence period prior to purchasing the property. The 10 plus grams per ton values realized during the process are examples of the high grade potential of the property as it moves toward further development and production. This potential upside is one of the reasons why we made the acquisition. The initial resource report just published is a conservative estimate of value that is based on limited information available to the QP prior to more development work being completed. We believe there is significant high grade production potential on the property. That being said, the current conservative asset value stated in the report is a level that would be an excellent return on investment for the Company.