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Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

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.


TSXV:ABI - Post by User

Bullboard Posts
Comment by Tomkinson Apr 15, 2011 9:24am
281 Views
Post# 18435923

RE: RE: RE: Come on ABI

RE: RE: RE: Come on ABIUnfortunately this is a management problem. Sometimes people especially in their later years become more stubborn and bias about themselves. Thinking that they are still in top form, but in reality lack progressive thinking. The company lacks marketing skills, because they do not seem to be able attract the right investors into the company. As it is cheap you see people frustrated with it and putting blocks  of up to 500,000 shares for sale. When it is trading on an average of less than a million shares a day, blocks that size only attracts others to offer their share at the next lower price.
There must be a better way of marketing this company as other's do better in SP with less assets. I know I have listened to him being interviewed and he did not keep me captivated. When asked what he thought the price should be, it almost sounded like he was begging for a valuation of 0.50 per share.
We got the assets, we just need someone in there that can think progressive and market this company to the right people.
Bullboard Posts