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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
Comment by fbedard29on Nov 22, 2017 2:56pm
163 Views
Post# 27013735

RE:In formation is power and we ALL need more information

RE:In formation is power and we ALL need more informationhi Mr Theoldmariner.
I share all your frustations with Mr Hinse conduct to a point.
But i do not see any way to change anything.The only member of the board that could  start changing anything is Mr Mestrallet . All other members of the board of directors are friends or family to Mr Hinse and would never go against Mr Hinse and they are very small owner of ABI.
Normand Hinse is the only owner of a small amount of shares (6480273).
I do not see possibilities of having a qualified replacement to Mr Hinse with much drive from within the board of directors.
The only solution would be to have an outsider come in and take control of ABI and the only 
person with the voting power and drive to acheave that is Mr Mestralllet.
I also have lost a considerable amount of money with Abcourt and would like to see a positive 
outcome in the future.
Maybe Mr Hinse only needed time to deliver, and the time to deliver will be in  2018.
If i see no change in 2018   13m shares will be for sale.
Fernand
Bullboard Posts