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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 macroviewon Mar 18, 2018 4:23pm
151 Views
Post# 27736321

bashing

bashing
On March 13, 2018, TheMiningEye posted (and I paraphrase) that he chose not to buy Abcourt at that time due to all the company (specifically its CEO) bashing present on this forum. I've been following Abcourt for a long time and this is my first post to this bullboard (essentially in response to TheMiningEye's trepidation). Here is a bit of history that I can share with the group:

Year     Stock Price High     Stock Price Low
1977               0.60                           0.20
1978               0.32                           0.10
1979               0.25                           0.11
1980               4.95                           1.40
1981               4.70                           0.81
1982               1.45                           0.45
1983               1.90                           1.71
1984               1.95                           0.80
1985               1.75                           0.60

Where did I get this information? - from Mr. Hinse himself in his own hand-writing via fax in 2003! It's said that 'history repeats' but the pragmatist in me believes that whereas history may not exactly repeat, 'it does rhyme'. The precious metal melt-up pattern that we witnessed in the late 1970's appears to be forming once again. This little mining company has survived 4 decades of low/volatile/manipulated??? PM prices, a testament to management, would you not agree? Patience all!

macroview

P.S. Dandu's post of a few days ago mentioned that he has attended recent AGM's. FYI, all AGM attendees are invited for a company sponsored lunch after the meeting, an excellent opportunity for a one-on-one with Mr. Hinse and/or family members or directors in order to not only socialize but also to express any concerns or ask any questions (perhaps not raised at the meeting itself) one may have.
     

Bullboard Posts