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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 fbedard29on Oct 03, 2022 9:29am
174 Views
Post# 35001207

RE:RE:Merger

RE:RE:MergerHi Tannin
The feeling that i got from different source is that the merger will be done.
PRO management own +- 50% and have already committed to the merger .
All that is needed is to get 66% voted for the merger and that would only require
16% of the 50% left.
Don't count on the stock price of PRO at 0.03 and ABI at 0.045 to be a factor.
The share price of both co can be manipulated to make the merger attractive.
Sell a few shares of PRO at 0.025c and buy a few shares of ABI at 0.05c  and the merger 
looks attractive.
0.025 / 0.57 = 0.045 
If the merger is done maybe the mineral from Courville will feed the SG mill and generate
enough income to advance SG mine without too much dilution(selling our future income).

Fernand
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