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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 > Rollback
View:
Post by labrador6 on Jun 22, 2022 7:24pm

Rollback

Rollback of 7:1

After that probably a big PP at cheap price for a new big dilution

Let's see who will participate in the PP
Comment by labrador6 on Jun 22, 2022 7:49pm
Sorry I'm not an ABI shareholders but in a few weeks yes. at 311M of O/S with actual SP it's normal a rollback for ABI's shareholders. But for me PRO's shareholders a 0.57 for 1 and after that a rollback of 1 for 7 and after that probably a big PP at cheap price for a new big dilution it's illogical. In fact, PRO don't need ABI to create shareholder value. We have 133M O ...more  
Comment by PILGRIM on Jun 23, 2022 11:56am
ABI needs 20-30 millions to set SG in a way of delivering big cash flow I hope the next PP will be quite that big and not 1 or 1,5 million to begin theis real improvement work that RH never did  Once the next PP will be announced I suggest all of us ask to be a part of it. we here all know ABI is severely discounted  No matter if instead of 300 M shares at 0,1  we have 600 M 1$ ...more  
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