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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 JTDOUBLEon Dec 30, 2021 9:15pm
156 Views
Post# 34272783

RE:Concerning

RE:ConcerningI really like to see the clarity of this decochib and NSR issues put into closed .. 

It is a mess trying to figure out this one .. 

At any time , would any part of insiders clarify this to us , it put a strangle hold by the neck on abi SP .. 

Also , the plan for financing to accelerate the development of other assets.. 

Management needed to tell us where the money is coming from since it's seems we burn a million buck last quarter only added 700k in inventory.

With cash if 1.5 million and 1 million from line of credit seems in spite of earnings there always a need to rely on financing rather than cash from operations.. 
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