Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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.

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Abcourt Mines Inc

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Comment by PILGRIMon Oct 29, 2018 9:48am

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Post# 28886509

RE:RE:RE:Question.......

Yes I agree the big share older are largely underwater at this price.

we assume that Hinse makes up for the loss with the royalties Decochib receives, but Mestrallet is probably underwater at this share price.

Anyway they both continue to buy paper on the market.

If we consider these experienced people are stubbornly investing their money in this company that they have all reasons to know even better than us it's certainly because they believe it is a nugget.

You will notice that Abcourt has not been raising funds for quite some time now. If we add to that big fellows buy on the market it's obvious they do not want to be diluted any more.

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