Abcourt Mines Inc. V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

Abcourt Mines Inc. is a Canada-based junior mining company. The Company is engaged in gold producer and exploration company with strategically located properties in northwestern Quebec, Canada. Its projects include The Sleeping Giant Mine, Discovery Properties, Flordin Property, The Elder Mine and The Tagami Property, Abcourt-Barvue Project, Vendome Property, Aldermac Property, Jonpol Property and Other Properties. The Sleeping Giant Mine property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining leases covering an area of approximatively 458 hectares and 69 mining claims. The Discovery project has 166 claims with a total area of 4,166 hectares. The property is located about 30 km to the north-west of Lebel-sur-Quevillon, Quebec. The Flordin property is located approximately 25 km to the north of Lebel-sur-Quevillon, Quebec. It consists of 25 cells covering 976 hectares.

TSXV:ABI - Post by User

Abcourt Mines Inc.

Bullboard Posts

Comment by Geckomeisteron Sep 22, 2012 3:59am

328 Views

Post# 20398945

RE: abi

That is my fear - that ABI will be taken over before it comes to full value.

I hate it how it is mentioned as an accomplishment that those two ABI board members had a part in that Chinese company to buy a majority stake in their operation. With all the extra cash that the Chinese have, and their need for raw materials, that is no accomplishment at all. If the same happened at ABI I would see it more as an act of betrayal than a feather in their cap. Who knows how much money can pass under the table in those sorts of deals. Meanwhile the longterm shareholders get robbed.

I'd kick those two off the board if I could.

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