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Abcourt Mines Inc. V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canada-based junior mining company. The Company is engaged in gold producer and exploration company with strategically located properties in northwestern Quebec, Canada. Its projects include The Sleeping Giant Mine, Discovery Properties, Flordin Property, The Elder Mine and The Tagami Property, Abcourt-Barvue Project, Vendome Property, Aldermac Property, Jonpol Property and Other Properties. The Sleeping Giant Mine 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 approximatively 458 hectares and 69 mining claims. The Discovery project has 166 claims with a total area of 4,166 hectares. The property is located about 30 km to the north-west of Lebel-sur-Quevillon, Quebec. The Flordin property is located approximately 25 km to the north of Lebel-sur-Quevillon, Quebec. It consists of 25 cells covering 976 hectares.


TSXV:ABI - Post by User

Post by fbedard29on Jun 16, 2024 9:06pm
160 Views
Post# 36091449

Please convince me that Pershimex 20-25% of Abcourt was

Please convince me that Pershimex 20-25% of Abcourt was Please convince me that Pershimex 20-25% of Abcourt was worth it.
Yes Pershimex 5000t might be worth $1m - $2m.
But now that the $1m $2m is spent what will be left.
Abcourt has (Elder,Tagami)  Sleeping Giant with mill, Flordin, Discovery 
Aldernac, Barvue and many more properties.
How could Mr Hamelin see a good deal and not explain to Abcourt share holders why the deal was done and not have given the right to  Abcourt share holders  to vote in the decision.

This is why i still have dought on Mr Hamelin true motives.
and you should also have doughts on why the merger.
What had Abcourt shareholders to gain.

Fernand
  



 

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