Club Mulgoa

Saturday, February 15, 2014

ABU

When it did its feasible study, I believe it used USD$1300 per oz to determine if mining is viable.  It has now hit USD$1320 per oz but the climb in ABU share price has been very lacking.  The initial rise after its trough has been good but not as much after POG jumped in the last week.

However, markets seem to response to tiny news dramatically and it is also very difficult to predict in which direction!

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