RE:RE:Why are shares for sale at less than 10cI think you will have to look for a long time to find another company that is in the same position as Abcourt.
Here we have a unique opportunity to take part in a development that can potentially return high values to the shareholders. I attribute the fact that we are still at such a low level regarding the share price to all the capital raising via issues, and that we still have a way to go when it comes to meeting our equity needs.But loan financing is getting closer.
I also believe that as soon as we start stable and increasing production, the last pieces of the puzzle will fall into place. We may have to put up with one or two more private placements, but I don't see anything alarming about it. I have so much faith in this project that I will defend my share position anyway.
I predict a gold price that will soon pass 3000 US dollars. The geopolitical quagmire we are now about to wander deeper into means that people and states will look around for alternatives to secure their values. Gold will certainly be one of them.
My opinion