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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 throwinupon Dec 08, 2017 12:20pm
147 Views
Post# 27118346

RE:AME Correction in price?

RE:AME Correction in price?
Best ask that question of 'Fluff'...he has historically regarded himself as resident expert on all matters pertaining to AME.

It might be relevant to note that the Environmental  Assessment review process began in 2011...only governments can work at such a snail's pace!!

The formal EA approval application ( 18,000 pages...incredible to say the least ) was presented in January 2016 ...here we are almost two years later ....would take that long to read it !!!!!

There are compelling Aboriginal issues and BC recently elected its Socialist government which has an urgent environmental mandate.

The province is supposed to reveal its decision by month end...possibly the ruling isn't favorable...or in true governmment fashion they will obfuscate and suggest the issue requires further study!!

Everyone  has turned their back on the stock for the moment...can't be a total coincidence....there's a subtle message that all's not well !!





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