ATN 0.00% 0.2¢ ashburton minerals limited

Guys, This is getting really exciting. ASX is happy for them to...

  1. 1,140 Posts.

    Guys,

    This is getting really exciting. ASX is happy for them to continue rising without giving them a speeding ticket - not that i am complaining.

    For those of you new to the stock here is a research report published on their website by RCR

    http://www.ashburton-minerals.com.au/images/ashburton---wueng.pdf

    The research points out that the Obi Gold project is on the same island chain as Newcrest's 5 million Oz Gold project... If they can prove that the vein runs at their end too, then they mention that there is significant upside to this stock. They also mention that shareholdres should look at a similar company in the form of KRM (Kingrose Mining ~ market cap 290million)

    Having said all the rosey stuff, ATN management need to release more details around their Mt Webb or around Obi gold project. Infact Mt Webb could be pretty exciting too, considering the price of copper is at all time highs.

    To see the price action here is a chart
 
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Currently unlisted public company.

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