RE:Abi should be trading at 50 cents??JDouble:
I've tried to maintain some positivity about the prospects for the SG mine in my posts.
But I wish to remind you that due to some recent uncertainty about the SG mine, we don't know the status regarding its date of commercial production or if it will happen at all.
So until we get better information, the share price will remain at around 11 cents which to our Abcourt market place is a reflection of all the Elder mine seems to be worth.
Abcourt Mines has many mining property possibilities but they must be mined or seen to be mined in the near term future.
Hang in there, sooner or later, management will have to give us some news, for good or for bad.
I am trying to remain positive. Management committed themselves to the Sleeping Giant mine for a very good reason. Now they just have to make the mining of its rich gold resource more of a probabilty than just some possibility!
Many shareholders may need more convincing before committing more cash. That is a perfectly understandable position to take.
Your risk money here just needs to wait. Sit tight!
All the best! Java