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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

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Post by SilverNS on Oct 02, 2022 7:03am

Merger

Anyone got any info on the proposed Merger with V.PRO
Comment by tannin on Oct 03, 2022 12:15am
Fernand, the NSR makes some sense if we're moving ahead on SG....however, if we decide to sell the whole shebang to a larger gold miner, that NSR will cost us big money, because the buyback terms are such a joke. Current PRO sp suggests they won't join us.....interesting. Anyway, I'm hugely confused, thought Pascal said we needed 15 million to start SG....did i get that wrong.... is ...more  
Comment by Buccaneerr on Oct 03, 2022 6:00am
If you could read a financial statement it might make sense to you. It appears none of you can. Bucc
Comment by fbedard29 on Oct 03, 2022 9:29am
Hi Tannin The feeling that i got from different source is that the merger will be done. PRO management own +- 50% and have already committed to the merger . All that is needed is to get 66% voted for the merger and that would only require 16% of the 50% left. Don't count on the stock price of PRO at 0.03 and ABI at 0.045 to be a factor. The share price of both co can be manipulated to make the ...more  
Comment by tannin on Oct 04, 2022 12:01am
Thanks for your post Fernand, was concerned re pro. Am guessing that, while Pascal has mentioned his 'ideal' capex to move forward on SG, he has a plan B,  fewer dollars, and that's where we're heading..... including Courville ore profits.  SG has great grades, and no transportation.....
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