Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s): ABCFF

Metals & Mining Industrial Metals & Minerals

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.

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Abacus Mining and Exploration Corp

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Comment by Fivefive5on Oct 30, 2007 12:53pm

131 Views

Post# 13717660

RE: HALTED!!!!

So where are we going from here? NGD hasn't halted, and it seems that everything has been about the LOI, which I think we have all been waiting for, of course for some a JV or offer to purchase may have been a preference to the LOI.
I am glad that these guys do halt, I've been with others who will throw out info at a whim and watch the SP bounce all over. At least we have some ability, and it shows in what the opening will be, to decide whether the information is good or bad. I think everyone should think this to be good.

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