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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 javaman12on Apr 22, 2020 12:53pm
190 Views
Post# 30939868

Re:What would it take?

Re:What would it take?RevT79. 

   Dump your Abcourt Mining shares and buy Yamana, Eldorado or Kirkland Lake Gold. Get one or more of the major producers.

   It seems to me that you may have bought the wrong stock. The larger producers are better to trade or hold for the short term. You have cheaper commissions to pay as well!

  Their share price much better reflects the short term volatility in the gold market. They trade at the price level where most the major trading houses do most of their work.

   They don't buy penny stocks. Abcourt's price won't likely move very much until the better earnings come out, later in the year! Abcourt retail purchasers buy shares as cheaply as possible! They are patient and willing to wait for the best price.

        If the price rises more quickly than that, I will be presently surprised. Never look a gift horse in the mouth! Whatever you decide to do, good luck!

                                                       All the best! Java
Bullboard Posts