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Abcourt Mines Inc ABMBF


Primary Symbol: V.ABI

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 Lottenon Aug 08, 2024 4:39am
114 Views
Post# 36168941

RE:RE:RE:Anyone have any concerns ??!!

RE:RE:RE:Anyone have any concerns ??!!The company still needs money to complete its plans. And whether this money comes through equity capital increase, or debt financing is uncertain. Maybe a combination?

In any case, I do not think that we can expect the share price to take off this year. And we should be prepared for more dilution. But I absolutely believe that we can be on our way to something exciting in the future. This management works purposefully, and so far they have convinced me. The plan seems plausible, with the target list set high, but of course no one can guarantee anything.

My opinion

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