Market Valuation of AABB Gold and Silver Holdings Nears $90M As Precious Metal Strategy Gathers Momentum
Rhea-AI Summary
Asia Broadband (OTC:AABB) reports its estimated gold and silver bullion market value is nearing $90 million, reflecting continued retention of production as physical metals.
Bullion holdings at historical cost rose to $43.5 million in Q1 2026, and AABB forecasts 2026 gross production revenue above $25 million.
Positive
- Estimated gold and silver bullion market value near $90 million
- Bullion holdings at historical cost grew to $43.5M in Q1 2026 vs. $39.5M at 2025 close
- Previously disclosed unrealized bullion gains of about $38M on a $76M market value estimate
- Q1 2026 gold and silver production of $6.27M with $4M retained as bullion
- Forecast 2026 gross revenue from gold and silver production to exceed $25M
Negative
- None.
News Market Reaction – AABB
In the Jun 3 session, AABB declined 2.03%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAS VEGAS, June 03, 2026 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is delighted to report that the current estimated market value of its gold and silver physical bullion holdings has climbed to near
In the most recent disclosure for the first quarter ending March 31, 2026, the Company reported gold and silver bullion holdings of
In addition, the Company's Q1 2026 production showed gold and silver mineral production of
The Company previously reported that its gold and silver holdings had grown in value to an estimated
"This is one area of the story of Asia Broadband that deserves more attention," said Chris Torres, President and CEO of Asia Broadband. "Our financial statements reflect the historical cost of our gold and silver bullion holdings but the reality of the market value of those metals is much greater. We have worked hard for many years building a solid physical bullion base and we are seeing the increased value of that work now in today's precious metal markets."
AABB views the Company's growing physical bullion as a competitive advantage in all aspects of its gold and silver business. The strategy of accumulating gold and silver as physical metal holdings on a quarterly basis bolsters the balance sheet value of the Company, builds long-term shareholder value, and provides the foundation for the development of a gold and silver digital asset system of products like AABBG and AABBS.
In addition to its physical bullion, Asia Broadband has been expanding its production of gold and silver through its processing facilities in Mexico. Previously, AABB forecasted gross revenue from gold and silver production to exceed
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold and silver holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG and AABBS mine-to-token gold and silver-backed cryptocurrencies within its own proprietary GoldAxis Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a world-wide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.
| Contact the Company at: | |
| General Email: | ir@asiabroadbandinc.com |
| Token Support: | support@aabbgmine2token.com |
| Company Websites: | www.asiabroadbandinc.com |
| www.aabbgmine2token.com | |
| www.goldenbaboons.com | |
| Phone: | 702-744-4785 |
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.
