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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 FranciscoXavieron Apr 17, 2018 8:06pm
154 Views
Post# 27901578

Many questions

Many questionsMy first post here after following all yours posts for years. I am owning of an increasing amount of shares of ABI since 1998 or so... I must now admit that I put more money than I should have in this company but at the same time I repeat myself: ''Why not!!?'' considering the potential of this company campared to many others (reagarding all the existing assets, and now a profitable campany...).

What I am asking myself for many years: who are (or who ''is'') the seller of this company" I mean ''seller'' because for every good news there is always a seller (often TD Sec = years and years of observation). Why did this seller bought so many shares for selling them at a discount price!!? Doesn't make sense for me except manipulation? 

When I rely on your posts, you all seem to be buyers and no sellers: normally buying shares should have a positive bias on the share price? But for every or any good news posted by Abcourt, the share price seems to be statgnant or going down at the end of each session (a seller at 16:59 to make sure the share price stays low). 

How many shares do this ''seller'' owns? Does he by repeatedly in order to resell right after just in a way to keep the share prise low?

For sure ABI should be awarded as  ''The all time most difficult share to appreciate its value''.

For every significative positive news Abcourt posted, the share price never followed with a significant increase because of some sellers (or seller = TD sec)

I would imagine Abcourt posting some news like:  ''Abcourt to find a 200 billion $ diamond among the ore'' and the share prise would stay neutral or would go down!!!! 

This being said I remain positive because of the fondamentals. And TD Sec might get a life somewhere else one day! Good luck to all


Bullboard Posts