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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 javaman12on Dec 15, 2023 9:13pm
131 Views
Post# 35787864

RE:RE:RE:My Latest Purchase Today Was Not Updated By The Exchange!

RE:RE:RE:My Latest Purchase Today Was Not Updated By The Exchange!Marty, It's good to hear from you again. Gold stocks seem to be a mug's game right now. The gold price fluctuates wildly. And these precious metals stocks do the same! 

Copper stocks actually seem to be moving up better than gold.

I made a few bucks by buying into Corus Entertainment. But it may have stalled out now. These are difficult markets to trade successfully. I may try to buy into Torex Gold again but it has also been in a downtrend recently. 

ABI is still a wait and see proposition. It is still a gamble to me. I am not certain if this company will ever be profitable. But at least, it doesn't seem to fluctuate in price as wildly as the bigger players seem to do. 

Gold usually fluctuates inversely with the US dollar. And I don't really understand how to anticipate its moves. If I did, I would now be a very rich man!

Good luck with bitcoin. I was always a skeptic. But now I am not so certain. It  has gained more acceptance with the investment community. One can't argue with success!

                                                    All the best! Java


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