Here's a clipping on Aber - he's still hedging!
Bishop says Aber a buy for safety and potential
Aber Resources Ltd ABZ
Shares issued 45,502,883 Jan 12 close $11.05
Tue 12 Jan 99 In the News
Robert Bishop, writing in the Dec. 15, 1998 edition of his Gold Mining
Stock Report, says future diamond miner Aber Resources is a buy at $8.15.
"Aber represents excellent long-term value in the current market," he
writes. Mr. Bishop recommended Aber twice in June 1994, at $7.87 and
$10.12, and again in May 1995 at $8.37. Although Mr. Bishop does not use
the "buy" word, he gives ample reason for owning the stock: the possible
benefits of Aber Exploration; diamond production in 2002; exposure to a
number of lesser-known exploration projects for which it gets little value,
including those in Greenland and the Northwest Territories; and its 32 per
cent interest in the Snap Lake project with Winspear. Mr. Bishop concludes
by saying that while the diamond market is soft and may not improve in
1999, Aber investors enjoy a proven diamond deposit and free exposure to
Snap Lake, with none of the attendant risks.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |
