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 Jul 06, 2010 3:32pm

349 Views

Post# 17247974

RE: blew it on all of them

The consolation is that everything is in the tank. I'm well down 50% + on almost everything because of a hold-out for the big news mentality, and everything at sometime seems horribly cheap. I do believe this will pass, but the only way to make money on these pennies is to trade them, which I don't have the stomach for- seems every time I sell that good news finally comes. I still believe this stuff is gold, and has the ability to easily double in a day, but that puts one back to break even, tuff to swallow.

Bullboard Posts

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