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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 jmm1228on Oct 22, 2017 9:38am
179 Views
Post# 26841873

Silver NS

Silver NSMany if us appreciate your attempts to squeeze out some useful information. There are several here who have a decade or more of experience with the platitudes issued by Mon.Hinse - this done while he collects royalties - we hold the bag and get virtually nothing satisfying in communication or price appreciation.

Who holds him accountable - certainly not his Directors and there are no lenders. He himself shows no inclination to self accountability on the projections he makes.

There is promise here in the assets - unlocking that promise seems beyond the capabilities of Mon. Hinse. Why the silence about progress from the PR firm hired months ago?

If Hinse does not produce good results in the next months the next year will be miserable, too.

The market is frightened by this man and so am I. Potential financiers seem to be too.

Still, the collection of assets is very attractive. Better execution and normal press relations would solve a lot of problems.

The next weeks are crucial as the market will get the first  look in months at the operational performance, the prospects for Sleeping Giant and hopefully some clues as to whether to leadship issue has become a priority with the Directors and key holders.

Those of us who have been holding our breathes need some fresh air.


JMM




Bullboard Posts