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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 lccommoneron Aug 12, 2021 12:00pm
403 Views
Post# 33694196

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One-Night Sale!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One-Night Sale!Greetings Fernand:

I suggest you procure a copy of all appropriate documents, via your lawyer. I personally believe anything Mr. Hinse says/communicates (e.g., NR) is suspect. Too much dishonesty and frankly, outright lies from Abcourt Mines. That is why a personal meeting with Mr. Hinse or Zoom meetings are meaningless. The stock price at $0.125 says it all.

For the sake of discussion, let’s say Decochib actually paid $100,000 for the 2% NSR. Before one ounce of ore was extracted from Elder this NSR should have been resolved! Why? Because it is a Conflict of Interest. No respectable person/family would engage in such behavior. This is extremely low character behavior by the Hinse family. This behavior “also” contributes to the low share price.

At one time you said Wallbridge Mining was in your investment portfolio. The following is extracted from their website under governance. See Code of Business Conduct and Ethics.

2. CONFLICTS OF INTEREST

2.1 Conflicts of interest should be avoided unless specifically authorized. A conflict of interest occurs when an individual's private interest (or the interest of a member of his or her family) interferes, or appears to interfere, with the interests of the Company as a whole. A conflict of interest can arise when an employee, officer or director (or a member of his or her family): (a) takes actions or has interests that may make it difficult to perform his or her work for the Company objectively and effectively; (b) receives improper personal benefits as a result of his or her position in the Company; or (c) has a material interest in an agreement or transaction involving the Company. 

Fernand, in all sincerity, I trust you soon “acknowledge” the Hinse family has swindled millions from shareholders and there is no end in sight. This is a very unfortunate situation for unsuspecting shareholders.

Regards, LC

P.S. We suspect it did not cost the Hinse family much to obtain the NSR. "Maybe" only legal fees. There is good evidence to suggest said position.

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