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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 Dec 01, 2018 4:27pm
89 Views
Post# 29049881

....to The Rock

....to The Rock It is always refreshing to have a new poster come aboard and reinforce the positives about ABI. Many of us have been here for years and have great respect for the assembalge of assets accomplished by Mon. Hinse, done without a cent of debt accumulation. Zero debt, a small but decent operating mine, a mill able to handle present production plus  contract milling and a good prospective mine in Sleeping Giant  - which could double gold production, excellent prospective asset portofolio.

Many here already have a deep understanding of what you are summarizing. No doubr it is new to some and thus more helpful to them.

Many of us are now underwater after having stayed the course while all of the above was being accomplished only to have the value of our ABI holding halved or worse.

Additionally we have braved on while the leader of the company remains aloof, inscrutable and unable to connect with those who need his input to help build stature so they can comfortably recommend taking on ABI as an astute investment.

And in the process he has aged, beyond 90 years, has not given any guidance on what plans he has for the management of ABI in his absence. At 90 he could be gone in an instant or become seriously incapacitated.

ABI is the ultimate enigma - someone has made it so. Most of us have settled on Mon. Hinse because there is no other person interfacing with the non-inside shareholders. There is a barrier.

We all have knowledge of the things you are dealing out with your messages here. We are believers in all but one aapect and that is because nothing has been done to make us feel cared about as we watch the share prce dwindle.

I appreciate wyour astute commentary - it helps but the low stock price just won't go away and we gt no warmth from the top - it hurts!

If suddenly there is another insider stock purchase at current prices and new generous option grants, I will feel "Hinsed" again and there will be a giant uproar from many in this space. 

Amen
Bullboard Posts