AABB is in full breakout mode on major news
Published: Tue, 09/29/20
 Subscribers, We've had some nice winners of late, but today's pick could be the best of them all. Get Asia Broadband, Inc (AABB) on your trading screen immediately. AABB has a history of making some epic gains. As you can see below, AABB made killer short term gains in July and August. Can we see another big move to finish the month of September? We think so, and with this brand new press release just out today, the catalyst is set. Both of the recent moves gained well over 100%, and another move could be even bigger. Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders. AABB - Asia Metals Inc. Signs Letter of Intent To Acquire New Mineral Property In Prolific Mining Region of MexicoLAS VEGAS, Sept. 29, 2020 /PRNewswire/ -- Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., today announced that it has signed a Letter of Intent (LOI) to acquire a high potential mineral property in the state of Colima, Mexico. The property is located in a prolific iron-copper-gold production area approximately 25 kms east of the Pena Colorada mine in Minatitlan, Mexico. Advantageously located with direct access to main Highway #3, the property also has a natural water supply. The land parcel is located at 19°18'47.3"N 103°53'49.9"W and consists of 100 hectares. Strategically viewed as a diversification acquisition, the Colima property is situated in a region where AABB has a comparative advantage of development resources and expertise readily available to rapidly develop the project. The Company is conducting its final stages of due diligence in preparation to complete the property acquisition agreement. AABB recently added a mine and property in Colombia to its portfolio and is continuing with its gold mine acquisition campaign targeting properties in South America, Central America and Mexico, which have high development potential and historic gold production. The focus of the campaign is to duplicate the successful acquisition model of the Company's existing high-density, shallow gold mine
property in Guerrero, Mexico, that has known historical gold vein structures. AABB is currently directing a full-scale development and production expansion of its mine and property in Mexico. Forward-Looking Statements are contained in this press release within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Asia Broadband Inc.'s (the "Company") expected current beliefs about the Company's business, which are subject to uncertainty and change. The operations and results of the Company could materially differ from what is expressed or implied by the
statements made above when industry, regulatory, market and competitive circumstances change. Further information about these risks can be found in the annual and quarterly disclosures the Company has published on the OTC Markets website. The Company is under no obligation to update or alter its forward-looking statements as future circumstances, events and information may change. AABB - Asia Metals Upgrades Annual Gross Profit Target To $14M With Historic High Third Quarter ProductionLAS VEGAS, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company is in the process of scheduling, finalizing and booking the production and financial results for the upcoming third quarter ending September 30, 2020, with the expectation of recording a historic high quarter. Utilizing the new production facilities that began operating early this year, Q3 will be the first full quarter of production to capitalize on the new higher daily throughput levels and metals extraction efficiencies. AABB is anticipating a three-fold increase in gold production levels in 2020 from the Company’s added operational capacity. Furthermore, recent economic conditions have created strong and unprecedented fundamentals for gold producer equities. The economic volatility, uncertainty and inflationary effects of the Coronavirus pandemic have launched gold and gold producers into a significant growth phase. Additionally, the recent decline of the oil market has elevated the gold-to-oil ratio to all time highs indicating lower production costs and increased profit margins for gold producers. Based on the preliminary results being finalized for the 3rd quarter of 2020, AABB is updating its annual gross profit budget and is projecting it to exceed $14 million in 2020. Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico,
to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders. AABB - Asia Metals Inc. Pursues Development of Gold-Backed CryptoCurrency CoinLAS VEGAS, Sept. 15, 2020 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (AABB) (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today that the Company has been in discussions with a digital assets and crypto wallet creator to produce a gold-backed cryptocurrency coin. AABB is currently formalizing the relationship with the developer and planning the next steps to begin creating the crypto coin. Viewed as a revenue diversification project to create liquidity and monetize gold production, the Company is excited to release further details of the gold-backed crypto coin project as they become available.Asia Broadband Inc., through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders. Read in full at https://seekingalpha.com/pr/18006607-aabb-asia-metals-inc-pursues-development-of-gold-backed-cryptocurrency-coin We think AABB could be a big winner in the market today and this week. All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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