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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 stokpikeron Sep 23, 2010 11:35am
264 Views
Post# 17483823

RE: Go long nice !!!!!!

RE: Go long nice !!!!!!the below exerpt from the article is impressive, not many penny stocks with a $40 mill market cap have a mgmt line up that can compare 

but shareholders only care about share value, after years of falling share prices and after gaving away 80% of their only project, it will take significant share appreciation for shareholdes to buy into the 'world class' team

give us the proof, show us the money, can these big companies mgmt stars actually create shareholder value in a small junior????  time will be the judge

as an investor in the .20 financing in Dec 2009, Im a happy camper!!!
as a long term investor, Im trying to forget the last 7 yrs!!!


Abacus’ has a world class mining team with a proven track record.   Abacus’ Chairman, Tom McKeever, has over 40 years experience in senior management for mining and commodity trading with such companies as AMAX Inc., MG plc, and until 2006 as Chairman of Sempra  Metals.  Jim Excell, Abacus’ newly-appointed President and CEO was with BHP Billiton in Canada and internationally, serving as President and COO of BHP Billiton Diamonds Inc. from 1999 to 2003, and as its Chairman to June 2005. A metallurgical engineer, he oversaw the development of the EKATI diamond mine in the NWT and managed copper operations in B.C.   Andy Pooler, EVP and COO has over 25 years experience in mining operations and development including six years with Pan American Silver as Senior V.P. Mine Operations where he was in charge of six mines worldwide.  He has assembled a top mining team hailing from some of the best known mining consulting firms in North and South America.

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