Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Gold

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 fbedard29on Feb 18, 2019 11:37am

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Post# 29379041

RE:Putative Merger Prices

Hello TheRock077

For any of your suggestions to be realized the share price of Abcourt would need
to increase by 300% like all the co you mention . They all have increased by that % in the last 6 months (from their lows).
Any rumors or possibilities of a merger could create a speculative interest and increase share value for Abcourt.
Only then can an interested co sell their shareolders the interest of accepting a merger.
No shareolders of an interested party would accept to pay a premium of 300% and no Abcourt shareolders accept to merge with a co that the share price has already increased by 300% if a premium of that magnitude is not offered and even then we might be reluctant to accept such a low value.

Fernand

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