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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. The Ajax Project comprises eight Crown grants, including the Ajax East and West pits. The Company is also engaged in the process of acquiring a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it also controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. Its porphyry copper deposits are Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Comment by mjl777on Jun 29, 2010 5:52pm
302 Views
Post# 17232459

RE: we are seeing the real vote.

RE: we are seeing the real vote.So true. I still find it hard to believe that my measly 96,500 shares represented 5% of the pre-meeting no vote. It's also interesting that KGHM was able to vote their shares. There's something fundamentally unfair and wrong in that even though some may argue that it wouldn't have made any difference at the end of the day.

Looking for a good exit point, but concede that it will be some time (probably years) before this dog boasts a market cap of even $50 million again. In the meantime, lots more dilution to look forward to. And AME will continue to be milked for all it's worth. JMHO, but the proof is definitely in the pudding.
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