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

Post by shermandrockon May 16, 2014 12:59pm

201 Views

Post# 22570657

Folks: Getting closer to the Royalty issue:

Page 8 of this report lists the royalty holders as of the date of publication:

https://ca.hotstocked.com/docs/show/abcourt_mines_inc/annual_information_form/not-a.pdf

A poster spoke to Renaud and he suggested that he personally purchased the 73% of the royalty stream from one of of the holders because 1) the holder wanted to sell and 2) Abcourt did not have the $.

Folks: please assist by identifying the transfers of these royalties to Renaud and the price he paid. He will receive >$4.5M. How much he paid is an important factor.
Lets get to the bottom of this.

The more people searching, the higher the probability of success.
Thanks

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects