Ashburton Ventures Inc. (ABR, TSX-V)
If the market likes what Doubleview has to report, then it’s likely off to the races for Ashburton Ventures (ABR, TSX-V) which holds very strategic ground within just 1 km of DBV’s original discovery holes (they’re also contiguous to the western border of GGI’s Grizzly, and that will come into play very soon)…the structural trend is NW/SE, going toward the Hackett, and significant Copper-Gold showings run along the western border of the Hackett according to historic reports…the Hackett Property has never been previously drilled or systematically explored, and Ashburton has commenced a work program which is expected to lead to summer drilling…
Not long ago, DBV was trading around a nickel…it has soared…a year ago, Garibaldi was trading at a nickel and it has soared as well…Ashburton could also easily soar along with another low-priced Sheslay play, Alix Resources (AIX, TSX-V)…and of course we’re extremely bullish on Prosper Gold (PGX, TSX-V) which has the most advanced property in the district – the Star Project – with drilling commencing within days…
ABR 2-Year Weekly Chart
Below is an updated 2-year weekly ABR chart…as of 8:30 am Pacific, ABR is up half a penny at 6 cents…technically, what to watch for is a potential close above the horizontal channel on strong volume…this is looking very promising…
bullmarketrun.com |
