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 goldbuyeron Oct 20, 2014 10:20am

135 Views

Post# 23043022

RE:RE:RE:Will the change in Kamlooop's mayor add support to AJAX?

I've, for a long time since the initial purchase of SP on .AME been happy to reserve myself to position this stock play as a '"long" term return, not a "short play". I am 100% convinced that KGHM Ajax Mine is just a matter of "when" and not an "if" ?

This is going down alright, and I have plenty of patience. I have topped up many times since the original purchase, for obvious reasons. For the past couple of years there's been a small handful of Anti- Ajax Mine persons in Kamloops publicly that numbered no more than 3- 500 tops - at their last rally held in a population of 90,000 plus. KGHM held a proponents only event at ISC in Kamloops and drew 2,000 plus, also just awhile back.

Alarmist innuendo and putting-the-cart-before-the-horse-type rhetoric doesn't serve the Anti- Ajaxers well in Kamloops.

KGHM bought " in an all cash purchase " Canadian owned Quadra for a reported 3 billion dollars " while still awaiting for the Kamloops Ajax Mine approvals. They're coming alright.

I consider KGHM Ajax Mine a great investment in the "long position" for sure. If this happens in the "short" well, that's .... a bonus.

GB

Bullboard Posts

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