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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 petersburggrayon Dec 30, 2021 9:11am
200 Views
Post# 34270278

Another question?

Another question?If it is a legal tax avoidance strategy to set up an offshore company in an English tax haven so as not to pay taxes in Quebec and Canada on consulting fees and precious metals royalties generated in the canadian province of Quebec? why havent other canadian precious metal royalty and streaming companies like Wheaton Precious metals for example, employed the hinse strategy and set up their own Decochib in offshore tax havens to avoid state and local taxation? Didnt WPM recently pay Canadian government over $800mm to settle an outstanding tax issue? I appreciate any feedback that helps me understand this issue better.
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