Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 fbedard29on Jan 04, 2017 3:53pm
158 Views
Post# 25667488

RE:Why Should 2017 Be Any Different?

RE:Why Should 2017 Be Any Different?my humble opinion is that if i was the president and owned so much shares i would do one of two things
!st 
      Since i would know all the potential of this company, i would not do any promotion and continue to buy shares on public market or do a pp financing and buy all i could but my limited life span is decreasing).
2nd
      i would do all i could to promote the company and get the share price up to a point that i      could borrow what is needed to start Barvue.
If i were to go for option two i would wait for result of 2nd quarter (end of december 2016) due out   end of fev 2017. and wait for share price to appreciate.
If i was the president  i would go for option 2 and continue to buy all shares i could  on public market and wait for # 2 to take effect. 
My personnel option is for # 2 Fernand)

A  suggestion that i have sent to Mr Hinse is :
      to declare a 5% divident that can be paid or reinvested in shares.(this might be viewed as 25%  payout  and 75% reinvested in shares. This would cost $125k). 
The divident would be the best promotion that a mining company could have. 
I have mentioned in an e-mail that a pp at  today share price is as bad as an hostile takeower and letting one of our (french director and friends buy more shares is like selling a big part of our company at a discount and loosing control of company.)
I hope my e-mail was read and understood.
My suggestion is to buy as many shares as possible at today's price before our french director and friends do and take control of our company.
Please understand that all my posts are when i drink too many beers(but this is when all my
good thinking is done). 
 
Fernand
  

Bullboard Posts