Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 26, 2024 5:38pm
208 Views
Post# 36283626

dream or nightmare

dream or nightmareHi  Again after many beers i still dream that Abcourt share price could be 0.020- 0.50c in a few years.
But i also have nightmare that Abcourt could be bought out at 0.10c .

Why bought out.
Can a 1% owner suggest to sell at 0.010c or a small co decide to propose to buy out Abcourt at 0.10c .
What would be the procedure.

If a small co is formed for the purpose of acquiring Abcourt ,what would be the procedure to do it.

Can Mr Mestrallet that owns more than 20% of Abcourt be in a position with an other owner that owns 15% of Abcourt be in a position or is it legar to form a co that owns 1% of Abcourt that can propose to sell Abcourt at 0.0,10c a share.

Mr Mestrallet and another co that i do not know the name at the moment could be  including  all the warrants be in a position to vote at +50%.

Please if any of our readers can shoot down my thesis that many rules could prevent that 
acquison will be pleasantly appreciated.

Fernand 


 

r   
<< Previous
Bullboard Posts
Next >>