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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 awacs1on Oct 15, 2020 11:42am
129 Views
Post# 31721282

Different drummer

Different drummerGiven that Abcourt marches to a different drummer, they do not follow some of the expected conventions for NRs. That said, the SG pour announcement could occur on whatever day it occurs, after hours, on weekend, who knows. The cash generated by the exercise of warrants is a positive sign for company drilling options but will probably lead to some short term action as the holders move to monetorize the windfall. Expect SP to sustain the long term trend.
Bullboard Posts