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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 Mar 22, 2022 9:27pm
218 Views
Post# 34536394

RE:no post means no interest in Abcourt.

RE:no post means no interest in Abcourt.  I expect little upside in Abcourt's share price until the Sleeping Giant mine starts contributing to the mill thoughput, in some major way. There is no word about the possible financial contribution of any toll milling deal, if indeed, it has been signed.

  A new CEO could provide some of the necessary drive, to make many such good things, actually happen.

  This is especially important now that it appears that the present Board of Directors seem to be sailing our ship, without much of a rudder. They seem to have lost some of their will, or interest in doing their best, to make Abcourt, the most successful.

  Where do we see anything about the value of investing in Abcourt? Perhaps, the board now feels there is nothing here worth promoting?

  Why is the old CEO still promoting himself on the .com website like he is still actively contributing something of value? Isn't the company, more important than him?

 The old website is a mess! When will the old be merged with the new one and where is the much promised company newsletter? What may they be trying to hide? Are these present board members, really so weak?

  Maybe the Covid may have been a part of the problem. But from I have come to understand, for those who have been vaccinated, this infection has symptoms very similar to a cold or a weak influenza attack. Like the rest of us, we must hope that this management gets a grip and gets everyone back to work, where they belong.

 For those whom may choose not to work, immediate termination may be the best move to make.

 Don't assume that shareholders have lost their interest. There are many other investments to buy of companies that actually make some money. Why buy more shares of a company that can't?

                                                        Tired of waiting? Join this club?

                     Am I a pumper or basher, or just a fence sitter, hoping, it can still, hold me up?

                                                                 All the best! Java


                                                        https://i.pinimg.com/originals/5f/8d/2d/5f8d2d6459ad16da478a7dcde5a8db43.jpg

 

 

 

 

 
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