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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 Theoldmarineron Jul 07, 2016 8:37am
277 Views
Post# 25030796

The yellow Brick Road...follow it.

The yellow Brick Road...follow it.Good Morning,
I was not surprised to see this "stock sale" . The facts are that real money was needed and past history of this company has always shown where the money came from, shareholders. This can be viewed in many opinions. I believe that with the old shrew, investing more in this adventure, it is only good for all.
The facts, it takes capital to create wealth in the mining industry....start-ups always require real money.
In conclusion, this will be big someday soon...it is the location, it is what the mine is producing in a time of world turmoil...Gold and someday silver. ( The i think about 20,000,000..ounces of silver... if my memory is correct..The gold reserves are going to surprise us all.
Taking profit?...everyone must make his own decisions....I have held this Gem for too long to cash out for pennies when I see dollars into an inflationary world we are headed into....Gold and silver will be the focus of wealth preservation ......but we are only just beginning and the north American herd has no history.....of what gold and silver was.
Ask someone under 40....who buys condos for millions...I could continue but you here would all know what I am suggesting. There is only one world. In their collective illusion.......equity and bonds....and they are so wrong....a digit illusion...
Best of luck on whatever anyone does ......in the coming months....Trust me ....we are witnessing a real global change....and the littel guys have no idea.....
 

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