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AABB Projects $6M Gross Profit. Chart Trending Bullish.

OTC:AABB   ASIA BROADBAND, INC.
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Asia Broadband, Inc. (AABB)

Alert Price: $0.0119

Float: 44.76M

Website | Recent News
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Members,

Gold has continued to hit new six-year highs and was trading at $1,495 per ounce as of today. The yellow metal has surged so far in 2019 in part due to global economic concerns like the U.S.-China trade war, record levels of negative-yielding debt globally and signs of manufacturing slowdowns in major economies – to name a few. Fear of uncertainty often drives investors to perceived safe haven assets, such as gold .

There are a number of ways to play the gold rally, including physical bullion, gold stocks and funds that invest in related securities. Is it too late to get in?

Not with gold mining stocks. As measured by the FTSE Gold Mines Index, gold miners are down 54 percent from their peak in 2011. Miners have been rising in 2019, but they would still have to jump a whopping 117 percent to reach their former record highs. This could be attractive to some investors.

Luckily, we just uncovered the perfect opportunity in the mining sector.

The Company anticipates a strong revenue increase and its chart is trending bullish .

Please turn your immediate attention to Asia Broadband, Inc. (AABB).

From a technical standpoint, we believe that AABB is in the perfect position for a big move.

Bull Cross and 100 MA Now Support
Bullish Break From Downtrend, Confirmed By High Volume
Huge Accumulation Volume
In addition to its strong technicals, AABB also has several other bullish catalysts on the horizon:

Bullish Catalysts For AABB

AABB received first $5 million of $34 million funding commitment. https://finance.yahoo.com/news/asia-meta...
AABB’s Asia Metals reports sharply increased Sales and Profits. https://finance.yahoo.com/news/aabb-asia...
AABB’s Asia Metals projects continued sharp increases. https://finance.yahoo.com/news/aabb-asia...
Aggressive $4 million 40 hole drilling program already yielding strong assays. https://finance.yahoo.com/news/aabb-asia...
Soon expected drilling results could spike share price substantially from undervalued levels. https://finance.yahoo.com/news/aabb-asia...
Planned acquisitions before 2019 year end. https://finance.yahoo.com/news/aabb-asia...
Plans to up-list to NASDAQ. https://finance.yahoo.com/news/aabb-conf...
Market comps support $.32 per share versus current $.0119
Asia Metals, a wholly owned subsidiary of Asia Broadband, Inc. (AABB: OTC) is an outstanding and highly undervalued candidate in the hot gold mining sector. AABB has already begun or accomplished every single bullet listed above and is expected to announce further news throughout 2019 and beyond that will likely impact the share price dramatically.

Readers are encouraged to click on the links in the bullets above.

Market Comps

Emerging MicroCaps reviewed 4 comparable junior gold mining stocks and concluded that AABB is highly undervalued and unrecognized. Given the current run rate of about $5 million per year in sales, the following table concludes that AABB shares would be selling at about 25.78 times sales, or about $128 million. With a total outstanding of 402 million shares, that translates to a fair market price of $.32 per share.

Asia Metals Increases Gross Profit Target 20% to $6M as Gold Mine Operations Continue to Expand

$2.75 Million In Gross Profit Reported In First Six Months Of 2019
20% Increase to $6M Announced Today For 2019 Year End Gross Profit
Drill Operations Expansion On Existing Shallow Gold Mine
2 New Gold Mines Expected To Be Acquired By Year End 2019

AABB reported $2.75 million in gross profits for the first six months of 2019 through the June 30, 2019. Based on Q3 production to date, management has increased its 2019 budget by 20% to include a minimum $6 Million annual gross profit projection.

Drilling Operation Expansion On Existing Shallow Gold Mine

The Company's Phase II Exploration and Development Program has now completed over 4,400 meters (m) of the planned 20,000 (m) drilling campaign targeting areas in extended proximity to the Company's mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures. All required procedural protocols to professionally catalog, secure and prepare core samples for shipment have been completed and the drill core samples have been delivered for assay testing. The Company is expecting the initial drill results of the Phase II Program to be available and announced in September. Look for news from the company on the drill results later this month.

History of Existing Shallow Gold Mine

In January of this year, the Company's management and technical team were exhilarated with the successful drill results from the Phase I Program. The highlights of the drill results revealed high grade gold mineralization that attested the mine's historical production to date. The most significant gold value intersections were 3.1 meters (m) graded at 10.9 grams per ton (g/t), 4.8 meters (m) graded at 8.7 grams per ton (g/t) and 14.2 meters (m) graded at 5.7 grams per ton (g/t).

Gold Mine Acquisition Campaign - Two New Acquisitions Anticipated By Year End

The Company's new gold mine acquisition campaign is targeting properties that have historic gold production in South America, Central America and Mexico. 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 had known historical gold vein structures prior to AABB's full-scale development and production expansion. AABB has scheduled its acquisition team travel to multiple locations in South America, Central America and Mexico. Representing the Company during the site visits will be a mineral lands agent specializing in the Americas region, a geological consultant to assess production profit potential and representatives from a Joint Venture Partner to analyze the expansion potential of each site location. The expectations of the acquisition initiative are to secure one or more new gold properties with high development potential in the 3rd or 4th quarter of this year.

Source: https://www.prnewswire.com/news-releases...

Huge Analyst Report Coming Out Tomorrow

Today AABB iissued a reminder to shareholders that an initial analyst report from Goldman Small Cap Research will be published tomorrow, September 12, 2019. Goldman recently initiated ongoing analyst coverage of AABB. Management is confident in AABB's operations and believes an independent analysis of the company in comparison to AABB's overall market will reveal the company's yet unrecognized value.

$2.75 M Gross Profit 1st Six Months; $6 M Gross Profit Projection For Yr End

The company recently published a management update reviewing the acceleration of the Company's gold mining operations expansion activities in 2019. As a result of the significant production achievements made in the 3rd quarter to date, the Company is anticipating record 3rd quarter results and has increased its 2019 outlook by 20% to include a minimum $6 Million annual gross profit projection. AABB reported $2.75 million in gross profits for the first six months of 2019.

About Asia Broadband Inc.

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.

(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)



Best Regards,






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