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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

Post by angelwings1on Apr 16, 2011 8:15pm
392 Views
Post# 18442139

News article on AME, today

News article on AME, todayThank you goldbuyer for your tip shared on abacus mining. As you know, Ngd tip, has worked out well for me. I
have taken a healthy position of this stock abacus mining and I would like to contribute this article from the
Kamloops Daily Newspaper edition, dated today.

https://www.kamloopsnews.ca/article/20110415/KAMLOOPS0101/110419832/-1/kamloops/proposed-mine-on-city-outskirts-raises-alarm

This article proves to me that abacus mining is intent on delivering on the Ajax property. All mines do go through this process, while on their way to meeting a forecast deadline, which shows me that abacus mining is in that process.

It's off the radar, at these entry point prices, and therefore I am pleased to take a "long" position.

A direct link to the company's proposal, filed with B.C.'s Environmental Assessment office recently, is also within
the article. That certainly shows me that abacus mining is in a process, that all mines must go through. I consider the risk assessment worth it, at these entry point prices.


Thanks, gb .





angelwings



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