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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 tanninon Jul 22, 2021 2:46pm
130 Views
Post# 33590975

RE:RE:Is it possible to evaluate the amount of shares owned by pos

RE:RE:Is it possible to evaluate the amount of shares owned by posHave 110,000 shares, and lots of opinions. I have great respect for Hinse Sr., and what he has achieved. With 20% ownership, and with others who trust him and have large holdings, of course he controls what he's built. His step by step approach to building his dream is fine by me.
I do think a group representing those who feel they are 'outsiders' is a great idea, with semi annual discussions with management to put 'our' questions to them being the objective. The openness of management to such discussions is very positive. Obviously answers to our questions must be available to all shareholders.
I am also pleased at the thought of Normand H., as a possible successor....he's not a geologist, nor does he have mining experience, but he brings, as far as i can tell, other important strengths to the table, and still, I warrant, knows more about mining than many a miner.
The travelling circus that top execs in jnr companies think they need to join, to raise funds and/or keep eyes focused on the company seems to me a huge waste of the time of the most valuable employees of that corporation. Use a Holopod ( visit ART...ARhT ) travel electronically, send someone less important, ignore the whole thing and focus on building the company....so not pleased that Normand is being dispatched on those dog and pony shows.
Always interesting discussions on this thread....thanks all.
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