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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 Buccaneerron Oct 03, 2022 6:00am
130 Views
Post# 35000908

RE:RE:Merger

RE:RE:Merger
tannin wrote: Fernand, the NSR makes some sense if we're moving ahead on SG....however, if we decide to sell the whole shebang to a larger gold miner, that NSR will cost us big money, because the buyback terms are such a joke. Current PRO sp suggests they won't join us.....interesting. Anyway, I'm hugely confused, thought Pascal said we needed 15 million to start SG....did i get that wrong.... is their a range of possibilites starting as low as a few million ? My problem is, why did we sell that nsr, doesn't raise enough to start SG, no nearly enough......if 15 million required. Please, someone make sense of this for me........

If you could read a financial statement it might make sense to you. It appears none of you can.


Bucc
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