Abcourt Mines Inc. V.ABI

5000 shares traded today?

[javaman12]

Not really!

I picked up almost 700,000 ABI shares today at 4 cents on some exchange. It obviously wasn't the TSX venture. It would appear that the asks on the venture exchange are relatively meaningless. You can buy as many shares as you want. Someone is doing the selling somewhere else!

But ABI remains a really good buy! Each to their own. Production is about to start!

I am not sure from where, these shares, magically appear. But one can't look a gift horse in the mouth!

In terms of profitability, there are a lot of larger miners that don't make any money on their balance sheet. It's the amount of the revenue stream that counts. And if it grows in size, up goes the price!

ABI is going from basically zero to the moon! At least that is what investors are likely to feel in a very short while!

As greedy as I am, I want to participate in this feast of cash! LOL

                                          All the best! Java

[mariners13]

If that was you on Questrade it was a bunch of different exchanges, but anonymous was the primary seller. I trust your optimism will come to pass. It would make me a happy investor. Regards, Mariners13

[javaman12]

Thanks for the information mariners13. Wait for the production revenue from the mine. If the company can control the cost expenditures, our time will come! At least they are more transparent today than management was in the past! This impresses me the most! It's a good start!                                

[javaman12]

With regard to anonymous, this person could be large shareholder needing to sell in a registered account or it might be a penny flipper. There are a lot of shares on the bid at 3.5 cents. There might be some good money to be made trading the spread between the ask and the bid. But it only works if someone sells out at the lower price. The lower the price, the better the returns are in trading