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Abitibi Metals Corp C.AMQ

Alternate Symbol(s):  AMQFF

Abitibi Metals Corp. is a Canada-based mineral acquisition and exploration company. The Company is focused on the development of base and precious metal properties that are drill-ready with high-upside and expansion potential. Its portfolio of properties includes the B26 Polymetallic Copper Deposit and the Beschefer Gold Project. B26 Deposit is a high-grade copper, zinc, gold, and silver-rich polymetallic volcanogenic massive sulfide (VMS) deposit. B26 Polymetallic Copper Deposit is located approximately 90 kilometers (km) west of Mattagami and 100 km north of La Sarre, near the former Selbaie Mine and covers approximately 3,327 hectares. The Beschefer Gold Project covers approximately 962 acres and is located in the Northern Abitibi Greenstone Belt, 14 km east of the past producing polymetallic Selbaie Mine, 45 km northeast of the Casa Berardi Mine and 30 km from Wallbridge’s Fenelon Gold property.


CSE:AMQ - Post by User

Post by 1StockInformeron Feb 20, 2024 7:55pm
120 Views
Post# 35889941

AMQ Spotlighted in Piece on Canadian Mining Opportunity

AMQ Spotlighted in Piece on Canadian Mining Opportunity

Author of "Money Mind: Beyond Speculation" B. Sutton highlights Abitibi Metals Corp. (Tickers: $AMQ.c or $AMQFF for US investors) in his article "A Canadian Mining Story Unfolding in Real Time: The Hunt for Critical Metals", delving into the potentially lucrative opportunity in the realm of natural resource exploration. 


The article explores the emerging success story of AMQ, a junior mineral exploration company focusing on the B26 copper deposit in Canada.


Sutton, an experienced investor in natural resource ventures, begins by highlighting the rarity of witnessing exponential growth in such companies, citing past successes like K92 and Great Bear. 


He emphasizes the high risk associated with speculating on these ventures but points out that the potential rewards often outweigh the risks, especially when key factors align.


Key among these factors is strong leadership, a promising project, and substantial capital. 


Sutton praises AMQ for meeting all three criteria, particularly highlighting CEO Jon Deluce's leadership, the advantageous acquisition terms for the B26 deposit, and the company's access to significant capital through reputable investors like Frank Giustra and Greg Chamandy.


The article details the strategic positioning of Abitibi Metals' B26 property near the Selbaie mine, its historical significance, and the company's ownership options. Sutton commends Deluce's negotiation skills and the absence of warrants in recent financings, a rarity in the industry that indicates prudent capital management.


Furthermore, Sutton discusses the company's impressive market performance following key announcements, including a surge in stock value and successful private placements. He predicts continued upward momentum, supported by solid fundamentals and institutional interest.


In terms of technical analysis, Sutton highlights the consistent rise in stock value, robust buying pressure, and positive house reports, indicating strong market support and potential for further growth.

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Despite acknowledging potential risks, such as upcoming share unlocks and market volatility, Sutton expresses optimism about Abitibi Metals' future prospects. He discloses his personal investment in the company and advises cautious but strategic entry into the market.


Overall, the article paints a compelling picture of Abitibi Metals as a promising venture in the competitive landscape of mineral exploration, presenting a blend of substance and excitement that appeals to both speculators and fundamental investors alike.


Full piece here: https://braydensutton.substack.com/p/a-canadian-mining-story-unfolding


Posted on Behalf of Abitibi Metals Corp.

 
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