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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

Post by JTDOUBLEon Dec 20, 2021 1:04pm
149 Views
Post# 34247380

1.5 Millions in cash on hand..

1.5 Millions in cash on hand..
have the management deal with this matter in AGM how funding will be taken ..

I guest with line of credits still available ..

Just this hibernations in activities will just keep the stock at this level for a while as no catalyst in the making..

I think the major catalyst not even the assets movement but a change in management ..

Management have proven its enept to take advantage of the good assets here ..

They will go on the same speed like in previous decade with no one made money while your capital just get eaten by inflation while investing in this Dog..
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