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Bullboard - Stock Discussion Forum 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... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc. > Fernand
View:
Post by labrador6 on Mar 12, 2024 4:06pm

Fernand

Hello Fernand,

This is your post of September 26th 2023 concerning the previous PP at 4 cents and the warrants at 5

''Hi The reason that i thought i couln't qualify was that my net worth wasn't above $1m anymore.
 At the beginning In the past, i checked the boxe that i was a close friend of one of the directors(Mr Hinse).
But now i couldn't  check that box anymore. and with the share price today so low the $1m boxe was also impossible to check..
None off the other boxes applied to me.

I got a response from Abcourt that by being a longtime and large shareholder i could qualify. 
So today i sent the fund and  mailed in the conviention subscription''

Comment by fbedard29 on Mar 12, 2024 5:43pm
Hi please don't rely on my post to guide you or let you know if you qualify. Send your request to management and you should get the right answer. I do not think that they have $5m already committed by large share holders and i think they are eager to let any present share holder participate. Fernand
Comment by fbedard29 on Mar 12, 2024 5:53pm
No share holders should be too small to get management attention. I am certain that management needs  the money and are willing to let any present share holders participate. Rules only apply to large company. And i am certain that management are looking for small holders to support their decisions. I started by sending a request to participate 10 years ago. Fernand  
Comment by labrador6 on Mar 12, 2024 8:47pm
Mr. Fernand, Unfortunately, you should pay attention to what you write on public sites (as Stockhouse), especially about companies quoted on the stock exchange (TSX). You wrote this: '' At the beginning In the past, i checked the boxe that i was a close friend of one of the directors(Mr Hinse).''
Comment by PILGRIM on Mar 14, 2024 8:53am
You are right Fernand  The company needs money to drive it to the success Look at what happens to Monarch, TML and such looking like small company It is obious to see Mr Mestrallet wants not to lose the money he invested in Abcourt therefore he draws conclusions from the reluctance of the market towards small mines and decides to fill the financing need himself I will subscribe to this ...more  
Comment by fbedard29 on Mar 14, 2024 4:53pm
Yes i am subscribing ,so is my brother and my son. We may be wrong and could lose  but i have to continue with my conviction that Abcourt will succeed and that someday i will be a winner. As to what i have posted in the past that might have been wrong but at the time it was my  conviction that prevailed. I might stop posting if it is a problem to some of you that take my post too ...more  
Comment by PILGRIM on Mar 15, 2024 11:02am
a guy like Mr Mestrallet who is well aware of the situation does not invest millions in handfuls without a good reason
Comment by PILGRIM on Mar 15, 2024 11:04am
And also everybody can notice the price of Gold stay stable or increasing  at a very high level for months now
Comment by Benji 2000 on Mar 15, 2024 11:44am
So, you can buy at 0,05$ on the public market right now...Same price than Mr. Mestrallet ! Who is well aware of the situation does not invest millions in handfuls without a good reason... Have a good day !
Comment by fbedard29 on Mar 16, 2024 2:17pm
I was trying to limit my posting but: Yes you could buy a few shares on the public market at 0.05c but that doesn't help Abcourt with the financing. If possible we should all try to help with the financing. Fernand
Comment by PILGRIM on Mar 19, 2024 10:57am
Effectively we are now certain that Sleeping Giant will succeed in achieving at least the production announced in the PEA The only unknown is when? And the accelerator pedal to accelerate this return is the importance of financing. It is the reason Fernand words are of good faith and why I have decided to subscribe this time better than buying shares on the market.
Comment by fbedard29 on Mar 19, 2024 1:13pm
And Pilgrim you might appreciate it more when the time to exercise the warrants at 0.06c in 3 years. Have a great 3 years. Fernand
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