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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 alabouon Nov 06, 2017 5:51pm
116 Views
Post# 26914636

MD and A

MD and AHi every one,

When i read the MD and A , i must say that same as some others i've got the feeling that i was reading the same as the year before. I mean we have see the same points still waiting for make an another shift at Elder , cash flow at same point even worst , nothing new on sleeping giant except some new results ( old from the old owners not publish)  a bit more of dilution (couple of millions of shares mores to get a little money) and finally nothing on Barvue.

I know it's hard to get money for financing junior miners but i'm fu..ing tired to see this company at the same point even if it PRODUCING gold since more than 1 and half year. I tired to see this company say that they have no debt but there not able to upgrade any project because they don't have any money. I'm curious what could happen to this stock if they could bring up a project with a loan , this could be much faster and also bring some value to shareholders.

I'm holding this stock for more than 8 years and i don't want to wait another 8 years to get my money back , i bought all my share when it was going up and few days after he was raising money and lost half price twice.

I will not be able to go to the AGM because i'm working but wish that somedy shake a little bit Mr Hinse

Alabou
Bullboard Posts