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 Mar 13, 2019 2:07pm

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Post# 29480175

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mestrall=Abcourt BOD member

Hi Jameske . You seem like a person that can take on a project and guide other people to
follow your ideas.
Maybe you can start a shareholders request with a lot of support to convince Mr Hinse to do a right offering that only apply to old shareholders. The right offering should include no commission of 10% to finders fee.

If you can convince shareholders to participate , maybe there will not be a need from management to do a pp in december and do financing at a discount.
All that is needed is to do a pp in summer or before , when the price is low and give every shareholders the option to participate at current price with warrants reasonably priced( and limit the participation to % of already owned shares and exclude management from participation)..
Such an option could eliminate the need to borrow at a higher price.
A few millions $ could push Abcourt into a more optimist view from present and future shareholders .
If ever you can start a project i will be the first toconfirm my participation if the price is not above market share price.
Fernand

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