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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 Alchemist7on Jan 22, 2013 5:22pm
228 Views
Post# 20874442

RE: RE: Lack of Guidance

RE: RE: Lack of Guidance

Good posts with valid encourgements and concerns. I, too, have held ABI for over 20 years. Sold ocassionally for tax loss (it IS good for this at times) but sold for profit twice; 1996 and 2006 ----- both on spikes in the price. Now, one has to ask: is the 3rd time a charm? And will it be in 2016?? Times have changed along with progress with the idled mines. Gold and Silver have also changed for the better and will continue with the way governments and central banksters handle fiat money. I don't think we'll have to wait , this time, untill 2016!

Below is a link that was put out today, and it is very informative about Abcourt , especially for those who have not held it long and maybe bought last week @ $.11. (I'm viewing this week as profit-taking from last week.) Today is another buying oppourtunity. I jumped the gun and bought at Friday's price. Am I worried? Not in the least. Relax! This stock is just one of those snails --- but with a difference --- it is in the process of re-opening a mine for PRODUCTION. The first stocks to move with $2,500 Gold will be producers. After that, exploration companies. LINK:

https://miningmarketwatch.net/abi.htm

As Always, Best of Luck.

Alchemist7

Bullboard Posts