Abcourt Mines Inc V.ABI

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[fbedard29]

Hi if no more  has any comments or suggestion on Abcourt we will have to wait for Theoldmariner to post and give us an incentive to post , reply or argue.
Fernand

[Puffertime]

A simple question: Abi closed a $1.65 million PP with units at 10 cents on may 31, they also closed a $1.2 million PP with units at 0.065 cents on july 20, 50 days later ...  So, adding another 50 days to july 20, are they gonna need another PP at the beginning of september and what could be the price per unit then?

[fbedard29]

Hi Puffertime . The first PP for $1.65 m was probably done to help pay the bills. The second for $1.2m was flow throu that has to be spent on exploration. On the second PP they tried two form regular and flow throu and there was no participant for the regular shares even if the price was at 0.065c with a warrant at 15c in 3 years. I imagine that if they need funding to pay the bills it will be a