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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 Geckomeisteron Jul 26, 2021 4:29pm
150 Views
Post# 33605712

RE:RE:RE:RE:RE:It’s becoming clear !!

RE:RE:RE:RE:RE:It’s becoming clear !!

Just like on Friday and many many other times over the past decade at least, there was a last minute buy of a small amount of shares just to get it to bump up a bit. Total amount purchased just before the close today? Just $1260. To bump it up a cent. This company is manipulated in just about every way possible. Why waste the effort I stupid ways like that?

I don't get it - isn't it best for all shareholders, including the Hinse family and Mestrallet to just have a legit BOD who will direct the company well? It doesn't have to cost much. Vielleux, Adam, and Branchaud are all real pros. They hardly cost us anything. They can provide excellent value if allowed to function as independent directors instead of the Hinse family just outvoting them. Renaud Hinse as CEO also has to be on the BOD until he gets replaced as CEO. No problem with all that. Just dump the three Hinse-connected people with zip mining experience and switch them up with three independent pros. Problem solved. It ain't that hard. 

What is it - are they addicted to doing things in a sneaky way? Why? They only hurt themselves. Can't they see that? Are they so greedy and entitled that they will ruin the company through foolishly trying to set up sonny boy to run a mining company when he has no experience? Doesn't he already have his own company across the province to run? Are they penny wise and pound foolish? What's with all the gaslighting? Legit companies don't do that.

The Hinse family has 60+M shares. Just dump the three unqualified directors and replace them with three pros who will in turn hire the best CEO that they can (that is one job of the BOD) and we'll all be amazed at how well this little company does. We'll also be relieved! Is it that hard to understand? Don't they want their 60M shares going to 2 or even 5 dollars a share (it can in time with the right people unlocking the potential here)? Are they seriously willing to risk it all and maybe have it all go to zero? What can indeed one day be $300M for the Hinse family (and many millions for the rest of us as well) can also go to zero through lack of good guidance and expertise. Unqualified management will do that over time. Who do you want coaching the team? Scotty Bowman (in his prime) or the neighbourhood vet, funeral director, or electronics store guy? Their "experience" doesn't count for anything at all. It does more harm than good  

Absolutely incredible! They aren't even acting out of their own best interests in a smart way. Sheesh!

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