RE:RE:Good Volume Has Been Generated Recently! You are being a good sport fbedard. Of course I am speculating about Dany's work. He must find some way to justify the big dollars that he is presently earning to the company if he wants to keep his job or his rate of pay. He has been proven successful in the past and presumably could do well once again. No one should underrate this guy. He is a true professional.
As shareholders, we should try to be on the same page. But when that is not possible, we should try to disagree on more amicable terms. But as always, each to their own!
As far as the share price goes, for now it still trades at 8.5 cents. This may well continue until tax loss season is over and well into the next few months or so. We just don't know!
Anyone with large capital gains might well be advised to unload Abcourt shares at the present price to gain financial advantage when their taxes need to be paid.
They can always buy them back in a margin account next year and once their TFSA is filled. I would stay away from RRSPs. In my opinion, they are a gravy train for the governments of this nation.
Next year, any significant gain in the share price may only happen if Mr.Hinse can get the Sleeping Giant mine actively producing gold once again. It is taking a lot longer than expected for reasons that everyone already knows.
There appears to be a manpower shortage due the covid crisis and/or the accomodation situation at the SG minesite. It's up to Abcourt management to resolve this issue. Shareholders just need to wait.
In terms of the Abcourt-Barvue mine development, management has only hinted that it is the next project on it's agenda. The time frame for that development is any shareholder's guess.
If indeed, discussions on that matter are now actively underway, we could hardly expect that management would be discussing the issue openly and publicly until any such deal is finally signed, sealed and delivered.
As always, we must wait for better news.
That is the nature of the investment world. It's a part of the risk that we have to take.
All the best! Java