Bullboard - Stock Discussion Forum Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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

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Abcourt Mines Inc > Whither Goest Abcourt?

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Post by brownbear2 on Aug 07, 2022 3:53pm

Whither Goest Abcourt?

If they sell Barvue, they can finance Abcourt Gold without massive dilution and/or debt. If they spin off Barvue, then Barvue will be the key value from the current company, and Abcourt Gold gets the dillution/debt. The worst thing would status quo, and diluting the heck out of long-term shareholders.

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