Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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.

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Abcourt Mines Inc > News Release

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Comment by PILGRIMon Sep 08, 2023 8:53am

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Post# 35625731

RE:News Release

Hi Silver

We have to see reality. The market does not like mines right now. To be able to sell Barvue it would have to have buyers at a good price which, obviously, is not relevant.

Abcourt needs to raise some hard cash very quickly to go on with the operation in Sleeping Giant.

Neither the publication of a very positive PEA nor the publication of a large succession of good news led to an increase in the share price.
If you feel too diluted it's simple: Subscribe to this fund raising which is accompanied by a very cheap warrant and you will maintain your position cheaply.

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