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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 Aug 26, 2022 5:41am
272 Views
Post# 34921710

RE:RE:No post lately

RE:RE:No post lately Hi Puffertime .
The first PP for $1.65 m was probably done to help pay the bills.
The second for $1.2m was flow throu that has to be spent on exploration.
On the second PP they tried two form regular and flow throu and there was no participant for
the regular shares even if the price was at 0.065c with a warrant at 15c in 3 years.

I imagine that if they need funding to pay the bills it will be a PP at 0.05 or 0.055c and warrants at
0.08c .

My suggestion is no PP at such a low price . But use the loan that has not been complitely
used yet.
Fernand  
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