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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

Comment by petersburggrayon Dec 03, 2020 6:26pm
162 Views
Post# 32033713

RE:RE:200k shares for sale at 0.17c

RE:RE:200k shares for sale at 0.17cSpeaking only as an idiot who reacted to your small post, your trading in ABI today is very illustrative of how people with no knowledge or experience on markets lose lots of money trading online with discounted commission because they think they are as smart as the financial professional when in reality they are the strength of no knowledge. You accumulate 12mm shares of a highly speculative illiquid penny mining stock and then one day in the midst of tax loss selling season it occurs to you that diversifying your portfolio to reduce risk might be a good idea so you dump 200k shares of your highly speculative illiquid penny stock at 17c limit and cant sell all 200k shares before crashing the stock almost 6%?! Your hamhanded trading cost you $122000 in equity on your ABI position which is probably 10x the cash you got from selling a small part of that 200k shares. Speaking only as an idiot i recommend you have a financial professional handle your stock portfolio starting tomorrow. Yes you will have to pay perhaps 1% per year for the service but that is a moneymaker compared to the 6% you lose in a day by doing it yourself.
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