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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
Comment by brownbear2on Feb 15, 2019 8:20pm
73 Views
Post# 29373933

RE:Risk Analyses

RE:Risk AnalysesIf rpm is correct and the Board is discussing strategic options in one week, that is the next venue and timeline for decision-making.  Are you trying to influence any of the Board members in a particular direction?  If so, is this the right vehicle to do so?

Alternatively, after the meeting existing and potential new investors should get clarity on direction.  That would give us something to react to.  Right now, there is so much optionality at play - beyond just seling Barvue.  Sale of several properties, spinoffs, joint venture on a project or projects, etc.  There are multiple options.  The one option we all (including the market) agree on is we don't want a continuation of the status quo.  
Bullboard Posts