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Bullboard - Stock Discussion Forum 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... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc > 200k shares for sale at 0.17c
View:
Post by fbedard29 on Dec 03, 2020 3:19pm

200k shares for sale at 0.17c

I cannot believe that my order posted to sell 200k shares at 0.17c could have affected the price so much.

I own  more that 12m shares and needed to try to  diversify a small amount of my holding.

That order to sell was not a lack of faith in Abcourt but my self preservation to diversify a small
amount of my holding.
Fernand
Comment by Theoldmariner on Dec 03, 2020 3:50pm
I sold ..at .23..and again at .20.5...I have zero faith in OMH..I hold too much now..the conditions of the stock market are changing..I could buy here..the assets were- are the only real value here now i will await the coming storm....called the past election.. Ignore my opinions about this stock and think ... large..picture  the US fiat is about to dive..the CDN peso is rising..that should ...more  
Comment by brownbear2 on Dec 03, 2020 3:59pm
I am not very wealthy like Fernand.  I needed to sell this Fall to sleep at night.  Now I hold my remaining shares tight.
Comment by petersburggray on Dec 03, 2020 4:23pm
I can. You cant just throw a 200,000 share block on market and expect share price not to take a big dump. Have you taken time to observe how thin and shallow market for ABI common stock is? For most of morning volume OTC was mere 1000 shares. Earlier this week one day only 33000 shares traded in Canada. You should have fed those 200,000 shares in 10000 of 20000 share lots over a couple weeks to ...more  
Comment by fbedard29 on Dec 03, 2020 5:08pm
I cannot believe that so many idiots can read and react to such a small post. ABi  will be brofitable in the near future and will be reporting enourmoust profit.  dfERNAND
Comment by petersburggray on Dec 03, 2020 6:26pm
Speaking only as an idiot who reacted to your small post, your trading in ABI today is very illustrative of how people with no knowledge or experience on markets lose lots of money trading online with discounted commission because they think they are as smart as the financial professional when in reality they are the strength of no knowledge. You accumulate 12mm shares of a highly speculative ...more  
Comment by monsieurminou on Dec 03, 2020 8:42pm
AMEN !!!
Comment by JTDOUBLE on Dec 03, 2020 8:58pm
That cost you 120k on 1 cents drop , while you receive 34k on the sale .. cost you -86k ..  The volume was so low recently not the time for selling the block .   If fact 1 cents up on 12 m shares will increase you wealth by 120k .  I would rather buy the shares and push this over 30 cents would net you 1.56 m ..  
Comment by JimmyDeen on Dec 04, 2020 6:25am
If this guy is honest, he's still got 11 million+ shares left. God help all of you holding a position if he decides to up and dump the rest is one massive block (or even several smaller ones). That won't just crash the stock, it'll Hiroshima it.
Comment by PILGRIM on Dec 04, 2020 10:18am
having 12 millions shares he sure doesn't want to Hiroshima it!
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