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Abacus Mining and Exploration Corp ABCFF


Primary Symbol: V.AME

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. The Ajax Project comprises eight Crown grants, including the Ajax East and West pits. The Company is also engaged in the process of acquiring a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it also controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. Its porphyry copper deposits are Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Post by slewfoot2on Mar 16, 2022 1:07pm
181 Views
Post# 34518929

News on Assays

News on AssaysOl slew is going 2 break it down 4 u all. Current cash balance is 230 mill. So less 150 million for the extr bond financing is 80 million. Less 30 million for sept 2020 pp. That leaves 50 million. Now. Prior to the sept 2020 pp the tko cash balance was 50 million. So in18 months of record copper price tko has banked 0. Thats zero folks, of cash from operations. Is it just ol slew that thinks this is an issue?. Btw an idea 4 u is 2 sell tko and buy ame. Its up 10 points today. Prolly bcause assays are soon 2 b released. Bwcg is down 30% so great opportunity to get in on the cheap b4 multiple bags. Its my bday today. Yup im 77. Marls left out some mashed putatas last night after her and steeve were finished eatin. Yummy
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