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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 tictactoe111on Feb 13, 2021 3:54pm
215 Views
Post# 32562636

RE:RE:RE:RE:Barvue value

RE:RE:RE:RE:Barvue valueAs a potential investor I'll try and have a stab at answering that. The company is dominated by an old guy that likes things the way they are and will probably never change, he's probably happy just ticking over.

I did go on the website, appalling, but does sums up their attitude well. Final report only available in French, seriously?

Is it undervalued, most definitely, by many multiples, but only if a new board came in and unlocked the value.

I was a potential investor doing dd but the breaking point for me is when I saw a veternarian on the board. I think we've moved on from using donkeys so nothing necessitates that appointment other than perhaps nepotism. In my viewpoint it's a case of a publicly listed company very much being run like a private company. Only a full buyout scenario would release its true value imho.

As an example if you want genuine enthusiasm on driving things forward for shareholders then take a look at this: https://mirasolresources.com/investors/videos/
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