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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 Mar 19, 2024 2:02pm
195 Views
Post# 35941096

what are the ods.

what are the ods.Just an old fool with a few beers posting again.
If $10k invested in ABI in PP what could happen in 3 years.
If the price of ABI shares goes to 0.025 = a lost of $5k.
If the price goes to 0.10c and warrants exercisable at 0.06c = gain of 10k + wt 8K = $18k in gain
If the price goes to 0.15c and wt at 0.06c      = gain of 20k + wt of 18k = $38k in gain
If the price goes to 0.20c and wrt at 0.06c     = gain of 30k +wt of  28k = $58k in gain.
This is why i invested in Abcourt last year at PP of 0.04c and wt at 0.05c and this year at 0.05 and wt at 0.06c  .

Just posting this in case some posters can't imagine(or calculate)  the future of Abcourt.
If i don't make sense please put me on ignore.
Fernand

  
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