RE:RE:RE:RE:Insider transactions July6Hi Ken,
You wrote on August 6, 2020: "I am sssoooo happy that the company is run by a miner rather than a highly educated business major."
I couldn't agree more. Abcourt needs to be run by a miner, not the son of a miner who has no mining experience. Not by a veterinarian. Not by someone who used to be in the funeral business. These people shouldn't even be on the BOD.
Your comment about the two construction companies made me research the composition of the BOD of other Canadian publicly-listed mining companies. What I found was that not a single TSX or TSXV listed gold and/or silver producer has a single board director without extensive mining experience... except for Abcourt, which has three! There is a reason for that. Mining is highly specialized. People without decades of experience in mining simply don't have the depth of knowledge it takes to even come close to directing a company in this challenging sector.
Besides the lack of qualifications of these three "directors" (they cannot even be taken seriously), two of them are Hinse family members, and the other one is a Hinse family friend.
Now, it's pretty obvious that these people were chosen for something other than mining experience.
Here's a quick evaluation of Abcourt's triple-failure in the BOD.
No mining experience, yet a director of a mining company? That's STRIKE ONE.
Two family members of the CEO as directors? That's STRIKE TWO.
A Hinse family friend as a director? That's STRIKE THREE!
Throw em' all out and replace them with qualified and impartial people, so this company can actually be properly directed!
All the best,
-GM