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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 bicyclerideron Jan 14, 2006 2:47am
130 Views
Post# 10175640

RE: whats up with B-Rider

RE: whats up with B-RiderIt appears it should be a $2-$3 B/4 the end of the year Cheers B-Rider ----------Original Message Posted 1/14/2006---------- Watching this stock when my bother told about when it was .33 --24-19 -33 well I bought in today at >73 with some profit taking monies from moving and grooving syh and meo stocksCheers B-Rider ----------Original Message Posted 1/13/2006---------- something is obviously happening, mgmt said that drilling and promotion would get moving once the teck deal was completed, the teck deal is done and the stock is flying Im still working on understanding the drill results but they dont seem great compared to NGD, but theyre hitting something so maybe its good enough for an open pit mine and maybe theres higher grade ore buried down deep, their drilling is just getting started so theres lots of time and potential here NGD hit even lower grade between the two ajax pits and yet they where encouraged and will be drilling more, NGD also missed on two of the holes to the NW of the ajax pits (which is where most of the NGD claims are), looks like maybe AME has the upper hand in the ajax area looking at the claims map it seems AME has most of the claims between the two ajax pits and the afton, pothook, crescent pits, their map pinpoints copper showings and mineralization zones along that a line most of which belongs to AME, there seems to be one long zone of potential ore running along the haulage roads AME has a lot of ground to work, its in the middle of previously producing open pits which where worked at much lower metal prices, metal prices could be going even higher the AME story seems to be getting out, I sure like the movement in the stock price since nov
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