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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 PILGRIMon Mar 31, 2023 12:22pm
142 Views
Post# 35372013

RE:Still here, still waiting, still optimistic .......

RE:Still here, still waiting, still optimistic .......
I agree with you Tannin but finally it is up to us to express our wish to subscribe to the next private placement to avoid being diluted if a large equity financing occurs.

It's only to call Mr Hamelin to say it.
We also have the option of regularly buying shares at the current price if we believe they are undervalued.
That's what I do every month.
Anyway, even being diluted by half we will be much more relucted when Sleeping Giant will return to production.
For the moment, I am awaiting the results of the PEA which is currently being drawn up.
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