Consolidated Abaddon Resources

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Day Low:
0.065
Shares Outstanding (M):
31.82
Day High:
0.070
Market Cap ($ M):
$7.60
52 Week Low:
0.060
Operating Income ($ M):
$-1.74
52 Week High:
0.240
Cash ($ M):
$0.081
Volume:
46,967

Further Information

Ticker Symbol: ABN
Website:
Yahoo Finance:
Address:
Kurgartenstrasse 1, Bad Neuenahr, Rhineland-Palatinate, 53474, Germany

Company Description

Consolidated Abaddon Resources Inc. is a uranium and lithium exploration company developing properties in the Athabasca Basin of northern Saskatchewan and northern Ontario. Consolidated Abaddon announced on August 24, 2009 that it is in the process of staking high potential lithium prospects in North America. The Company is also evaluating existing lithium prospects for possible joint venture or acquisition. The uranium (U3O8) deposits of Saskatchewan, Canada are arguably the richest in the world. Consolidated Abaddon has interest in approx. 160 square kilometres of highly prospective ground within the eastern flank of the Athabasca Basin in northern Saskatchewan. Consolidated Abaddon\'s Mann Lake uranium property is located approx. 25 km to the SSW of Cameco Corporation\'s high-grade McArthur River Uranium Mine and 15 km to the NE of Cameco\'s Millennium U3O8 discovery in the Athabasca Basin. Triex Minerals Corp. has earned a 60% interest in the Mann Lake uranium property. The Company\'s Huard - Kirsch Lakes uranium property is situated approx. 20 km to the NW of Cameco\'s McArthur River Uranium Mine in the Athabasca Basin. Denison Mines Corp. is earning a 51% interest in the Huard - Kirsch Lakes uranium property.

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