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Abcourt Mines Inc. V.ABI

Alternate Symbol(s):  ABMBF

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

Comment by fbedard29on May 07, 2021 11:26am
256 Views
Post# 33152308

RE:RE:RE:Blackout for insider not to sell !!

RE:RE:RE:Blackout for insider not to sell !!Hi JtDouble 
Reply to your question of ' will i be selling in the next 5 years'.
  I am 74 and  i have no guaranty as to the amount of years i have left and yes i could sell  a part of my holding either to buy in private placement or .

In 2020 i sold 408k shares and bought 1.1m shares . So if buying or selling makes a difference in share price i must  have contributed to increase the share price or maintain it's price.

As to cheap warrants at the time of distribution in 2019 (oct-nov)  Look at the share price in 2020 and then decide if those were cheap warrants given to me and realize that all the private placement and warrants exersized by participant was money added to ABI bank account to continue advancing all projects.
If it had not been private placement it would have been public placement and the price would have been nagociated at a much lower price. 

The share price is not controlled by a person selling 0.2% of the outstanding shares.
The share price is controlled by bashers that are constantly complaining and posting negative comments.
There are no sellers (no large share holders and insiders selling and the buyers are investors or speculators trying to buy way below the real value trying to make a penny ) .
I hope Mr JTDOUBLE that it clarifies your concerns.
If it doesn't please do not invest your retirement money on what Fernand could do in the future.
Fernand  

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