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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 tanninon Feb 13, 2023 11:50pm
158 Views
Post# 35284444

RE:RE:Pershimex site internet

RE:RE:Pershimex site internetLegarsdunord, many thanks. Subsequent to your kindness, I discovered Google translate, soooo
Fernand, are you suggesting ABI might offer +- $4 million cash for ABI ?
You're suggesting, I think, that if ABI raises money, which will require, I'd guess, dilution,
we offer cash instead of diluting further with a share offer, for PRO.
I'm thinking, if/as/when we raise funds, we'll need the cash we raise to get SG producing.
OSK doing a cash raise right now, and, despite their strength, had to drop their pants to get $ 75 million....I was surprised.
And B2Gold bid for SBB, Sabina, no cash, all stock.
PRO website being 'off line' is strange.....has anyone given them a call ?
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