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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 Nov 15, 2022 11:42am
179 Views
Post# 35100077

RE:RE:Great drilling results from Sg but why are people selling

RE:RE:Great drilling results from Sg but why are people selling Hi Pilgrim
It seems that all posters are now  seeing the value of Abcourt and a brighter future.

You are wise to buy in the taxe lost season(nov-dec) and the share price is cheap.

I expect that in january the good news will help increase the share price.   

Yes the penalty clause was modified (before only Abcourt had that penality clause) and now i understand that both co has the penality clause, but Pershimex now has the option to negociate
with a third party.

It would be nice if both co  announced the  merger  in the very near future.

The SG mill should be back in production at the latest beginning fev 2023.

The grant of 1m options at 0.05c to  Christine Lefebvre good for 5 years is acceptable.
The options are granted instead of a salary that would decrease the treasury when we need all the available cash and now we can expect  Christine Lefebvre to be with Abcourt for the next 5 years.

Fernand





 
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