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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 Geckomeisteron Nov 29, 2012 7:37am
172 Views
Post# 20658739

RE: RE: Options Granted to Renaud Hinse in 2011

RE: RE: Options Granted to Renaud Hinse in 2011

G & A? Does the A stand for administrative expenses? What does the G stand for?

ppp, you stated that those options were priced at 16 cents, which is what is written in the year-end financial statement, but in the M D & A they are at 12 cents. Abcourt has made several mistakes in their news releases. They will have to tighten up their professionalism a bit more and at least get someone to proofread their statements more closely. Not the sort of small mistakes that a public company should be making. The language barrier isn't an excuse for this either, not that it should be.

As Old Mariner mentioned, what of this PR person? We have heard nothing from him at all. Zero. They have hired successive IR people over the years from Joe O'brien to some guy in the U.S. to now this one and not one of them seemed to ever accomplish anything for the company. This should change too. Can't they at least put out a NR that their IR person will be at an upcoming investement conference, or that he contacted some potential investors, at least trying to do something, or anything at all? Not good. Only wasted money as far as we know. It's definitely time for ABI to step it up in the IR and promotions department. Seriously. Do we want to fund a mine or not? Maybe if they got more people interested in the story it might do something for the share price too.

Bullboard Posts