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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 Dec 22, 2021 4:52pm
197 Views
Post# 34256152

RE:Mr Hinse will resign as president and CEO march 22

RE:Mr Hinse will resign as president and CEO march 22

Not mentioned in Renaud Hinse's CV was his snatching up of the NSR under obscure circumstances for his personal gain instead of all Abcourt's shareholders benefitting from the company regaining the Elder NSR. Had he simply regained the NSR for Abcourt, Abcourt's share price would be far higher than it is today, and the Hinse family, as well as all long-term shareholders would have been much richer. There is a possible legal case that Renaud Hinse acted with a Lack of Transparency and in a Conflict of Interest in this matter. 

This issue will need to be resolved. It won't just go away with the retirement or death of Renaud Hinse. 

I see this issue of the NSR as a blotch on Renault Hinse's career and legacy. 

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