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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 jmm1228on Sep 13, 2018 11:48am
125 Views
Post# 28612585

Why?

Why?Many attempts have ben made here to rationalize the actions of Mon. Hinse. 

I have long wondered about his makeup and am unable understand many of his actions.

One that really baffles me about his lack of any attempt to elevate the maket cap thus allowing investors to own part of his company at ridiculous prices. Given the rising stature of the assets over time you'd think he'd be deeply concerned that one could own a share of ABI at 5 cents when it's true value is probably closer to 50 cents. One would think he'd be angry.

I realize that he buys at these prices but why give outsiders the opportunity to own a couple of million shares for around $100,000 US.

This goes aganst what some think we know about him. 

An enigmatic man for sure.

I must admit I thought myself very astute when I took a large position alsmost three years ago - Hinse has proven I am not   very astute.







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