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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

Metals & Mining Copper
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

Abacus Mining and Exploration Corp
Bullboard Posts
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Comment by xtdon Feb 16, 2012 9:50pm
281 Views
Post# 19547190

RE: any thoughts on this?

RE: any thoughts on this?

Considering that its a private placement,  the small amount , unit price and warrants  I'm guessing

its a bonus for some of the insiders or friends of the company. As they did it close to the market price

should be a good sign for shareholders.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities