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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 with a focus on copper and gold. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Canada and the United States of America. The Company holds interest in KGHM Ajax Mining Inc., which is focused on the exploration and development of the Ajax Project located near Kamloops, British Columbia. The Ajax Project comprises eight Crown grants, including the historic Ajax East and West pits. It also has an option to earn approximately 75% ownership interest in Willow Property. 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. This property covers four porphyry copper deposits, namely Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Post by slewfoot2on Mar 16, 2022 1:07pm
139 Views
Post# 34518929

News on Assays

News on AssaysOl slew is going 2 break it down 4 u all. Current cash balance is 230 mill. So less 150 million for the extr bond financing is 80 million. Less 30 million for sept 2020 pp. That leaves 50 million. Now. Prior to the sept 2020 pp the tko cash balance was 50 million. So in18 months of record copper price tko has banked 0. Thats zero folks, of cash from operations. Is it just ol slew that thinks this is an issue?. Btw an idea 4 u is 2 sell tko and buy ame. Its up 10 points today. Prolly bcause assays are soon 2 b released. Bwcg is down 30% so great opportunity to get in on the cheap b4 multiple bags. Its my bday today. Yup im 77. Marls left out some mashed putatas last night after her and steeve were finished eatin. Yummy
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