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

Bullboard Posts

Comment by Georgeboy11on Oct 28, 2011 12:30pm

159 Views

Post# 19190173

RE: dcy

As said before, buying DCY is a no brainer as it's a great way to play v.AME here! Eitther way, DCY's big winner here. why?

i) If you we're going to take out AME and you have property that's only 3 miles away, aren''t you going to just buy it up anyways? (DCY is 3 miles away from AJAX)
It's like buying a house, if there's an empty lot right beside the house that you're buying and the price is right, you'll buy it anyways

ii) AS AME heats up, DCY will ride along as well....look how sweet it is now!

George

Bullboard Posts

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