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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 Apr 15, 2023 2:13pm
208 Views
Post# 35396768

Response to TheOldmariner

Response to TheOldmarinerHi Oldmariner.Like always we will be on the opposite side.
I have never been on the co special like you mention.
For the last 10 years I have published my feeling always and my own evaluation of what i thought was the  thruth.
I have always published what was my understanding of the co future after the annual AGM meetings.
The only reason i did , was that there where never (or very few shareholders present at the AGM).
My feeling was that what i published after the AGM meeting was appreciated by shareholders that couldn't participate.
Why since you seem to really take Abcourt future seriously ,were you never present at any AGM meeting.
I have only participated in private placement because i asked to,  by sending a request to Abcourt management.

You all had the same opportunity to do the same.
At the first AGM  10-15 years ago the discussion was how can they restart Barvue.
A few years later the only option was to restart Elder because Barvue (silver  and zinc price had collapsed and the only option was to restart Elder).
And at the time it was the right solution because it was profitable until the cost of production and transport increased and the gold price had dropped .
Yes Mr Hinse could have disclosed that he had an NSR on Elder but it would not have changed anything.
Mr Hinse and Mr Mestrallet invested over a million in april 2022 to help with the cash flow problem.

It is easy to complain and post negatives on stockhouse when you are ignorant of the facts.
 Fernand





 
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