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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 redhead33333on Mar 01, 2014 2:26pm
237 Views
Post# 22268415

Nofluff, RED can read you like a book....you're not new

Nofluff, RED can read you like a book....you're not new
at all!!  Nevertheless, let me educate you on the importance of the Galaxy property that DCY has in regards to both Ajax and New Afton....first, for Ajax, the Galaxy property would mean an extension to what KGHM has already.  So, if they can add to their property claim then so much the better for future use!  Now, for New Afton, the Galaxy property could mean an extension of their mine life by at least another year.  And as you know, New Afton is a cash cow for NGD; hence, anything that can generate $$$ for another year is well worth it!

So, if you call Galaxy moose pasture, so be it....it's beauty in the eye of the beholder!!

Remember, to you Galaxy could be the Model from Hell??
Or as Tropper would say, 'A Three dressed up as a Nine".

Doesn't matter what you think, at the end of the day, as long as RBC continues buying DCY, RED's :))
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