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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 06, 2022 11:48am
215 Views
Post# 35009556

RE:Mr. Fernand.........

RE:Mr. Fernand.........It depends on what you consider a large shareholder.
I personnaly own 12m shares of ABI and 3m of Pershimex.
You can understand my frustation with the share price even if it is not  just Abcourt fault but the general market.
I haven't given up but i was expecting  SG to be in production this year and
now it might be sometime in 2023.
Pershimex merger was almost a done deal but now with the new amendment i understand
that Pershimex can negociate with other interested parties.

So still some questions not answered.

How much more dilution can we expect.
Will Pershimex merger be done.
Will Barvue and all the zinc properties be transfered to a new co and the shares distributed to present shareholders
or will we wait after ABI is diluted and then distribute shares to a larger shareholder base(for now
Barvue hasn't added any value to ABI shares).
Yes the future has to be better because it can't be much worse.

Fernand
 


 
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