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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

Post by javaman12on Mar 21, 2021 11:53pm
329 Views
Post# 32848450

RE:RE:Proxy Vote for AGM

RE:RE:Proxy Vote for AGM  The vote is a rubber stamp. The matters in question were of no real importance.

   I do like that the company may feel that it is now important to keep us informed about it's present progress at the Elder mine. I hope that Hinse will continue to keep us regularly informed about Abcourt's progress, at least until production, gets back to normal. The increase in grades is a very good sign. It's hard to understand why so many continue to sell. Each to his own!

  Underground is where the money is actually being created for Abcourt shareholders. There is no money tree. Only the sweat from the brow of the workers, doing the mining, reveals the true nature and value presented by a hard day's work!

  I hope that when this pandemic is over, people will again remember that money does not come to anyone for free.

  I think that the gold price is in a bottoming process. This bodes well for Abcourt Mines which is still, a higher cost operator. But one day, that may change, by a substantial amount!

                                                       All the best! Java

 

 
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