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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 Jul 12, 2016 1:09pm
194 Views
Post# 25044947

What's The Latest

What's The LatestUnfortuately I have been forced away from the markets for awhile. None of it was my doing, but I am interested in the latest. The last I heard was the expectation of the other site deal being closed in September, and has a crusher capable of handling products from both sites. Makes sense as the price is up to 0.12 and holding at these higher levels. Mt personal prevence on a split, is to see this company work it's way out of this, by generating revenue than by reverse spit. In the past, I had a talk a few years ago with an anaylsis from Desjardens, he had said that generally a reverse spit ends up being bad news. If this is the case, then the insiders which are making all the privayte placements, I doubt they would not want this.
Bullboard Posts