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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 jmm1228on Mar 10, 2016 6:06pm
229 Views
Post# 24645747

RE:Looks like I am a star. Only trying to help folks

RE:Looks like I am a star. Only trying to help folksI don't think most of the readers use the star ratings. To me they are meaningless much of the time.

You've raised a vital issue with your post regardfing succession. Mr.Hinse and family + friends are obviously involved in the ownership to such an extent that they likely consider ABI their company, though they do not have total control, as far as I know. So be it.

Given they way ABI has navigated its way through the difficult times faced by precious metal miners in recent years I'll give them license to feel that way. If they can get the Sleeping Giant deal closed, as proposed, I'll give them a "meaningless" 5 stars.

Recent activitiy points to a broad scope in their thinking and capability. This leaves me comfortable with their plans for succession - be it family or an acquirer.

I continue to accumulate.

Go ahead and call me on "pumping" if you wish. I believe in ABI and am pleased to have a venue where I can state my view.
Bullboard Posts