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Gold/Mining/Energy : ABER RESOURCES

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To: jrhana who wrote (1975)7/28/2003 10:54:14 AM
From: The Vet  Read Replies (1) of 2006
 
Even with the most conservative projections Diavik will be the 3rd biggest diamond mine in the world mining the world's richest pipe in a politically stable country (a bit cool though). Aber has 40% of that free and clear and has only just over 50 million shares out with no need at this point to dilute further. Loans should be repaid within 2 years...

This is a no brainer with a forward P/E of around 5 and with mine infrastructure worth around 1.4 billion...

And still the US investor ignores the stock!!! Efficient markets bah!!!
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