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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 Theoldmarineron Apr 28, 2022 8:23am
222 Views
Post# 34638157

Don't worry be Happy

Don't worry be HappyGood morning Folks.
Further to the kind contributor suggesting 30 cents by Dec....i smiled, every old share holder here has hoped for such a power move in price since the missed promises of the Elder mine opening...too many years ago! We all know that story too well.
Right?
My comment....and I believe the gentleman could be right with  caveats


The price could actually be valued 30 cents because :


inflation zooooms beyond your imagination
the management borrows large to finally  bring the under developed assets to real value
the company is sold later this year for what it is really worth under new management ... could we hope for such dream?

I have shared ...development of anything today?.... is a very grey subject growing darker as the reality of just how fubared we all are in  real debt to ever actually payback what we all have already ...so to say..... spend in these last decades of ...
.
have a free lunch and global kindness of giving away wealth we never were taxed or work for to paid for....the free...wonder world of you are guarantee happiness on the back of others.... Don't worry be happy....
I am certain we all know what i am referring to.
Many would be happy to sell at 15 cents this morning ...I am certain..
 
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