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Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource (click to learn more)
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Bullboard - Stock Discussion Forum
Abcourt Mines Inc
V.ABI
Alternate Symbol(s):
ABMBF
Metals & Mining
Industrial Metals & Minerals
Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant Property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining...
leases covering an area of approximately 458 hectares and 69 mining claims. The Elder mine and the Tagami property are located 10 kilometers (km) northwest of the mining community of Rouyn-Noranda in Quebec. The properties include over 36 contiguous claims, one mining concession and two mining leases. The Abcourt-Barvue property is located 12 km north of Barraute, 60 km north of the mining community of Val-d’Or, Quebec. It covers over 4,755 hectares with 103 claims and two mining concessions. Its properties also include Flordin, Pershing-Manitou, Vendome, Aldermac, Jonpol and other properties.
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Bullboard (TSXV:ABI)
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(182)
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fbedard29
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Post by
fbedard29
on Jan 02, 2023 4:57pm
Return of a $20m investment to gouvernement
Hi my consumption of beers is certainly affecting my judgement again. The gouvernement should give Abcourt the $20m and from my calculations would be a 300-500% return on their investment. If $20m is
...more
(182)
•••
fbedard29
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Comment by
fbedard29
on Jan 02, 2023 2:39pm
RE:RE:RE:RE:RE:RE:Pershimex meeting result for merger
Yes Pilgrim you are right and it is Mr Hamelin's and Dany's role to change that perception. We do not have to give 50% of Abcourt to get a $20m financing. Patience should be exercised
...more
Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource
posted Sep 19, 2024 9:00am by
Northstar Gold Corp.
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The MOU grants Hunan Nonferrous the opportunity to explore and develop a near-surface NI43-101 gold mineral resource at Northstar’s 100%-owned Miller Copper-Gold Property, located 18 kilometers southeast of Kirkland Lake, Ontario. This will be achieved by diamond drilling up to 10,000 meters, allowing Hunan Nonferrous to earn a negotiated interest in the resultant NI43-101 gold resource. ...read more
(48)
•••
PILGRIM
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Comment by
PILGRIM
on Jan 02, 2023 12:27pm
RE:RE:RE:RE:RE:Pershimex meeting result for merger
Hi Fernand your arguments are perfectly logical, but the reality is that Canadian banks are extremely reluctant to finance junior mines. You will also notice that the market which gives
...more
(182)
•••
fbedard29
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Comment by
fbedard29
on Jan 02, 2023 12:15pm
RE:RE:RE:RE:Pershimex meeting result for merger
Hi Pilgrim I would never try to sell an investment to a bank as $20m loan needed for a co that is a ($20.5m ABI and $4.8m PRO if the merger goes throught) total +- $25m mcap. I would sell my project
...more
(12)
•••
Theoldmariner
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Comment by
Theoldmariner
on Jan 02, 2023 9:27am
RE:RE:RE:RE:Pershimex meeting result for merger
Good Morning Pilgrim....I think Good Morning The New Year....and a very challenging year it wil be. I have shared, in the past, that increasing interest rates will be the nemesis of the entire
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(48)
•••
PILGRIM
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Comment by
PILGRIM
on Jan 02, 2023 9:13am
RE:RE:RE:Pershimex meeting result for merger
HI Fernand If I could bring some comments to your synthesis my feeling is to finance 30 millions to a company of total market value 20 millions only by borrowing at a 10% rate is impossible
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(57)
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SilverNS
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Post by
SilverNS
on Dec 28, 2022 11:31am
Pershimex - Shareholders Meeting Votes Results
V.PRO | 1 hour ago VAL-D’OR, Qubec, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation (“Pershimex” or the “Corporation”) (TSX VENTURE: PRO) is pleased to announce the results
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(12)
•••
Theoldmariner
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Post by
Theoldmariner
on Dec 27, 2022 7:43pm
What will the new year bring?
Good Evening , Once again, we are walking into a blind future of .. unfounded trust. Do I like the new CEO ? Yes. But frankly i like allot of people. I like Fernand, but I would never consider him a
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(182)
•••
fbedard29
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Comment by
fbedard29
on Dec 27, 2022 3:43pm
RE:RE:Pershimex meeting result for merger
Hi Theoldmariner, The financing was not clearly defined and sorry again for not representing the Abcourt shareholders. I assumed that the financing was the $15-20m needed to put SG in full
...more
(119)
•••
Benji 2000
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Post by
Benji 2000
on Dec 27, 2022 3:03pm
Mr Hamelon Video with CRUX on december 18th
https://www.youtube.com/watch?v=zQCyEhDoZZ0&t=1094s
(12)
•••
Theoldmariner
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Comment by
Theoldmariner
on Dec 27, 2022 2:18pm
RE:Pershimex meeting result for merger
Hi Fernand, Financing and consolidation of 7 for 1 Could you expand on this? What financing and what consolidation? The Financing for the Sleeping Giant Mine opening? If you are suggesting the
...more
(182)
•••
fbedard29
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Post by
fbedard29
on Dec 27, 2022 11:43am
Forgiveness
It seems that soon in the near future i might have to post on SH and ask Abcourt management for forgiveness for posting negative or doughts comments on Abcourt Management. And i will do gladly if
...more
(182)
•••
fbedard29
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Post by
fbedard29
on Dec 27, 2022 11:30am
Pershimex meeting result for merger
Hi The Pershimex meeting result was 99% in favour of the merger. All that is needed is for Abcourt to meet the conditions. Financing and consolidation of 7 for 1 . And all BOD from PRO are confident
...more
(12)
•••
Theoldmariner
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Comment by
Theoldmariner
on Dec 23, 2022 6:28pm
RE:RE:RE:Who should vote on any important issues concerning our futur
Thank-you Fernand for your answers and views. This company has been a terrible journey to date for me. Regardless, tomorrow is another day and i am very certain this small company challenges is
...more
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