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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 Jan 23, 2022 5:06am
304 Views
Post# 34349141

RE:Who can not see Gold is controlled?

RE:Who can not see Gold is controlled?   Place your bets! Gamble if you like. When the bubble is about to burst, and pretend money no longer excites, then buy your gold investments when you are late to the game.

   Or just stay in fiat currency of some short duration and wait for the next long term bond market bubble to form. You will make a lot of money, if you choose, to sell in time!
 
  In the market, bubbles always form at any top. But when is the balloon set to burst?

  The smart money leaves the table before the wind leaves the sail.

  Or when the market believes that all hope is lost, it is the time, when those having better faith in our future, usually prevail.

  With that faith, buy, when the prevailing wind, suggests that you shouldn't.

  When a ship begins to leak, it is time to reach for a raft. This is not the best time, to think of the pleasant holiday trip, that still lies ahead.
 
  Winds can shift on a dime. And lingering storm clouds, can advance in force!

  Has gold formed any kind of bubble?

   Has Abcourt Mines formed any kind of top in recent months? Or has its price been trying to find a firm foothold? Could it tend to trend, still much higher?

  Maybe, buying gold around $1850 US or buying Abcourt Mines at 9.5 cents is still a gamble.

  Or they could, both be, one of the next best investments that smart money should buy.

  But, a gold producer's shares usually performs better in monetary terms than the price of gold.

  In summary, we know that short term treasuries, don't have too much profit potential. They become an island where money is almost abandoned, until a better grade of investment is found. They are perceived to be, a very safe harbour.

  And much uncertainty in the world still remains. Will Russia invade the Ukraine? Everyone including "..every next door drunk..", seems to be saying that they will. But does that mean that this is their true intention? Or this just a negotiating ploy?

 Who really can predict the future, except the actors themselves?

 In the markets, it is those who still have some remaining capital left to invest, who usually determine, which direction the market will go.
 
 Unlike the usual players that drive a company's share price, with respect to Abcourt Mines, the main actors seem to be a major block of shareholders, including those currently sitting on the Board of Directors, rather than the buyers themselves.

 These actors have made Abcourt Mines, a very special case!

 They will decide the ultimate direction, that the company takes in the future, and also the direction that the company's share price may happen to move.

 This is a geniune field of dreams. Build it and they will come!

  But they have to build a ball park in a proper manner. It needs to be laid out in a normal fashion like all other successful parks have been built in the past. It needs to be properly financed as well! Otherwise, only sad faces, will prevail.

  And they will have to invite all kinds of guests! It is not a park, just constructed, for a chosen few!

  But most of all, then need to tell someone, that it is there! That is the most obvious drawing card to use!

  Without the brains to do this most simple, of all tasks, has this Abcourt Board of Directors decided, that now, is the best time to bail out of the public domain?

  Or do they not have the stomach or ambition to get the job done right and have decided that now is time to run for the hills?

  The decisions of management and the board of directors will have direct consequences for every shareholder including themselves.

 Will they do a cheap buy out of all our shares due to their selfish and apparent greed? Or will they decide to share and do the honorable thing?

 Well if they choose to be selfish, we should get back at least the 9.5 cents that we are paying today.

 If they don't offer a low ball takeover bid, and the higher gold price scenario does play out and/or if some other Abcourt properties do increase in value under their watch, then we should all do extremely well.

   With all the riches at their disposal, then they could afford to pay, so very much more. That would be much fairer and more equitable to all.

  Even Renaud Hinse wouldn't have to roll over in his grave with any guilt or remorse, having succeeded, in his life long ambition, to reward those shareholders, who steadfastly supported him!

  No one should begrudge him, his just reward, long after he is gone! And he will surely get it, no matter what!

  With a better takeover price, everyone will leave the table with smiles on their faces and a very contented look!

               We will all be very pleased with ourselves in that we made the wisest choice!

                             But as always, the best time to get invested is at the bottom.

Abcourt Mining remains, one of the best investments to make, if gambling, still remains, your main, claim to fame.

                                    At least, you will get back your intial investment.

                And by buying now, this house won't take away, most of your money!

   There is nothing wrong in bragging. But the right move, must be made, at the very best time!

                Everyone may want to buy gold, but will they, choose to buy, Abcourt Mines?

     If you don't get rich, you should at least, escape the fate of a poor house with nothing to pay!

                   But it's up to management to decide, how much return, you are likely to get!

                                                              All the best! Java


                                          Jail Bird Ornament




 


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