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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 Oct 02, 2024 7:25pm
141 Views
Post# 36250854

Why no share price increase on good news.

Why no share price increase on good news.Hi Everybody. Not many posts lately. 
Why no increase in number of share traded and share price ,  after news that seems good.
The only thing that i can imagine and understand is that we as old shareholders must know 
and expect  that if Abcourt plans to add drilling rig and personnel , Abcourt must be close to a new
financing at a  rediculous price again .
I would have expected to read in the new post that management would have commented and
added that the new drilling expenses and new personnel planned would be funded by the production
of gold from SG mine in the upper level.

But it has not been said.

Just dreaming again.
Fernand
  

   

 

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