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

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Post by fbedard29on May 01, 2024 3:36pm

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Post# 36018039

Directors objectives should prioritize present shareholders.

Hi again Every actions from management should be focused on
increasing and or maintaining it's present shareholders value.

And a share dilution would or should be the last choice and not the first.

Maybe Management could have reduced the dilution by accepting as payment in salaries
as a distribution of shares at 0.05c. (that would have eliminated warrants) and proven to regular shareholders the confidence that management had in their habilities to manage and increase the share price.

Fernand

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