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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 petersburggrayon Jun 10, 2022 10:44pm
252 Views
Post# 34748836

Merger deal is

Merger deal ishorrible for ani shareholders. New ceo is a clown lining his own pocket at abi shareholder expense.. Pershimex so called mine has never been mined in like 100 years and is basically a hole in the ground that never really even been explored...Bulk sample is low tonnage, just few thousand tons in total,, needing major exploration investment to firm up more ounces, if there are any. Abcourt don't have funds to explore Pershimex properties, let alone Elder, Sleeping Giant, or Discovery. Why abcourt pick up more tenements that won't go into production? Abcourt need merger with partner that has strong balance sheet to fund capex at Elder, Sleeping Giant, barvue. One positive of deal is that all these fallow mining tenements in quebec that will never be mined are controlled by quebecois. Maybe these abcourt quebecois can line up a government handouts company from other quebecois burocrats in Montreal who will give then some cheese just because they are brothers? Quebecois at abcourt control all of nothing instead of being part of something big. Total clown show! Really disgusting.
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