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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

Post by javaman12on Oct 05, 2021 7:48pm
271 Views
Post# 33971601

RE:RE:With This Low Volume, Down She Goes!

RE:RE:With This Low Volume, Down She Goes!   JTDouble: the exact bottom is really hard to pinpoint until we get there. We got back up to 9.5 cents today. Tomorrow we may retrace back to 9 cents. There is no way of knowing, but we must be close.

   Everyone knows that reaching the mineralization at the SG mine is now only a matter of time. We just don't know how much time it will take! 

   There is considerable risk for the buyers in waiting for the announcement from management when it does finally happen.

  The most logical approach would be to start averaging in, near these present price levels, before any announcement is actually made.

  Those who wait will likely have to pay, very much more! But this accomplishment may still take some time longer to actualize.

                                  I doubt that the price will drop to less than 8 cents now.

              But no one can predict today's market sentiment or even its longer term interest.

                  It can fluctuate on a daily basis and may often surprise us as it did today!

                                                  Hang tight to those shares!
                                         
                                               One day, they may be worth a lot.

                                                          All the best! Java
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