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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 Oct 29, 2022 4:37pm
339 Views
Post# 35057981

Sharing an opinion...

Sharing an opinion...Good Afternoon Folks,
Reviewing last week's News Release from the company and the pending direction of the ENTIRE global market, I concur with Fernand. ( He is correct on this one)
This not the time to be selling any of the "sleeping assets" that OMH accumulated with past shareholder funding. This was the only thing he did well other than .. "we all know the facts on self enrichment".
The recent royalty sale .... was another very bad decision, in my opinion. The whole history of this company and past royalties .... is a very dark cloud story!!.

 I would suggest, the recorded history of the complete miserable performance of the Elder mining boondoggle.. speaks for itself.  

Regarding where we find ourselves this afternoon.?..in some very grey...redevelopment of the company under new direction and expectations. The future?

Racing along....one needs to stay focus on now....

Inflation and the very real recession...will be the center of everyone's attention in the coming  months AFTER  Fed and government intervention...before The election...and we all know in advance this is not going to help anyone...more division and confusion to the people...
One week ago the casino was about to collapse.... then suddenly everything changed...smile. a complete miracle of  .Folks there is only one story here....MORE unfunded spending nothing really changed..and it just has not stopped even with the increase of interest rates...smoke & mirrors...it all very broken in simple words......

Point...you know and it is clear now .It is all just a matter of time..To reiterate, it has always surprised me it has taken this long to finally become real to the many ...there never was or will be free...benefits without cost and real accountability... we all will soon realize the pending debt's burden....of all those trillions and trillions of unfunded grossly corrupted .... they were there to help you? Really?
enjoy these pre winter days...Folks..best of wishes..TOM
 
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