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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 fbedard29on Nov 10, 2022 2:51pm
293 Views
Post# 35089375

Great drilling results from Sg but why are people selling

Great drilling results from Sg but why are people selling Hi Who is selling at 0.04c (over 1m shares today) .
Drilling results at SG are very good.
Abcourt value is much more than the Mcap.
Gold price is up.

Still a possibility of merger between Pershimex and Abcourt but many questions remain to be clarified.
Why and who decided that a new clauses had to be rewritten.
I still do not see why Abcourt removed the excluse right to negociate.
I still do not see why Pershimex modified the  penalty that Abcourt would have to pay to Pershimex if Abcourt decided to cancel negotiotions.

I am happy that my available fund is non existant today because i would be inclined to buy more Abcourt shares, and that would not be a wise move due to my too large holding already.

Fernand



  


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