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Bullboard - Stock Discussion Forum Abacus Mining and Exploration Corp ABCFF


Primary Symbol: V.AME

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal... see more

TSXV:AME - Post Discussion

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Post by slewfoot2 on Mar 16, 2022 1:07pm

News on Assays

Ol slew is going 2 break it down 4 u all. Current cash balance is 230 mill. So less 150 million for the extr bond financing is 80 million. Less 30 million for sept 2020 pp. That leaves 50 million. Now. Prior to the sept 2020 pp the tko cash balance was 50 million. So in18 months of record copper price tko has banked 0. Thats zero folks, of cash from operations. Is it just ol slew that thinks this is an issue?. Btw an idea 4 u is 2 sell tko and buy ame. Its up 10 points today. Prolly bcause assays are soon 2 b released. Bwcg is down 30% so great opportunity to get in on the cheap b4 multiple bags. Its my bday today. Yup im 77. Marls left out some mashed putatas last night after her and steeve were finished eatin. Yummy
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