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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. The Ajax Project comprises eight Crown grants, including the Ajax East and West pits. The Company is also engaged in the process of acquiring a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it also controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. Its porphyry copper deposits are Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Comment by gheetsmithon Dec 15, 2017 10:36am
110 Views
Post# 27164292

RE:Resume Trading

RE:Resume TradingAlan,  think one has to do the value on Willow alone and decide.   If SP goes low enough and you believe Willow will be making money at some point in time one could gamble and average down.
I actually put in a bunch of bids at 2 cents just in case it dropped low enough.  I am not selling at this price nor am I buying above a couple of pennies.   I personally am holding no hope for ajax.  The material has been in the ground for ever and believe that is where it is going to stay.  g
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