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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
Post by Tomkinson Feb 08, 2016 1:02pm
147 Views
Post# 24535962

RE:RE:RE:RE:RE:RE:Mr Mariner is no fool

RE:RE:RE:RE:RE:RE:Mr Mariner is no foolI hate to say this, but this is one of the few Gold Stocks that can only move up by 0.005 in the last few days. I believe they have a hard time attracting new investors, because of the share structure. Remember how much they needed to pay to get Mr. Stronach to relieve him of total control of the company. Also Trudeau has said that Bombardiern would have to restructure the share structure guaranteeing the family control over the buisness with the double share structure. The same problem exists with ABI. Investors perfer to avoid companies with this type of share structure. The company no matter what happens, will always have a Hinse in control. The only way I can see this moving up, is that if they have a major find gold wise, or if Mr. Hinse starts to buy shares on the open market.

Bullboard Posts