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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

Comment by Puffertimeon Jul 07, 2022 11:12am
192 Views
Post# 34808368

RE:RE:RE:RE:RE:Easy to manipulate the share price.

RE:RE:RE:RE:RE:Easy to manipulate the share price.
Hi Mr Bedard,

I wrote a pretty simple message but still, you missed the core of my post.  What you call a theory is at best an hypothesis because it doesn't take into account the volume of shares traded and the VERY clear downtrend of ABI.  So, what you are calling manipulation is more a capitulation in my book.  You are wrong I did not sell shares at 5 cents, I could have (I was a shareholder when ABI was "dewatering" Elder and the price of shares was around 5 cents) but some other people are also protecting their assets. That said, if the next update on SG doesn't prove that they can mine that place at a profit with gold below $1900 US, you will see a spike in volume and this stock will be heading to a new low.  That's my take of the future. 
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