Abcourt Mines Inc V.ABI

Great drilling results from Sg but why are people selling

[fbedard29]

Hi Who is selling at 0.04c (over 1m shares today) .
Drilling results at SG are very good.
Abcourt value is much more than the Mcap.
Gold price is up.

Still a possibility of merger between Pershimex and Abcourt but many questions remain to be clarified.
Why and who decided that a new clauses had to be rewritten.
I still do not see why Abcourt removed the excluse right to negociate.
I still do not see why Pershimex modified the  penalty that Abcourt would have to pay to Pershimex if Abcourt decided to cancel negotiotions.

I am happy that my available fund is non existant today because i would be inclined to buy more Abcourt shares, and that would not be a wise move due to my too large holding already.

Fernand

[Theoldmariner]

Good afternoon Fernand, Further to your comment today regarding the lack of euphoria in the price increase action....with frankly GOOD news. I would suggest this stock is grossly undervalued if the merger is execution soon. I would suggest the past royalty deal was so very unfortunate in both terms and value received. The key going forward will be truth and trust..both need to be improved. I feel

[fbedard29]

Hi Theoldmariner Your comment. (I have shared over a decade ...why i originally found ABI worthy of interest...its silver holding in their zinc mine assets....i still feel this is the key to its future soon.) Is still valid today but for now Mr Hamelin is really focussing on Gold assets SG, Discovery,Flordin). I hope that Mr Hamelin will not forget that Abcourt has much value in silver and zinc

[Theoldmariner]

Fernand, I too agree, this not the time to sell any of the foundation assets this company holds this evening. I believe, I mentioned, truth and trust, Fernand, this core component...is equally rare, unfortunately, here there everywhere. In closing this evening, I suggest you are correct in that..... the sum of all asset's real value far exceeds the present markat price....WHY oh why can this

[macroview]

Hi Fernand. Regarding your comment in this referenced post - 'Abcourt must be patient and not sell any of those properties to pay present salaries and expenses', I am in total agreement. If you go to Abcourt's website > Investisseurs > January 18, 2019 > Update to the Technical Feasibility Report on the Abcourt-Barvue Deposit - check out page 95 of this PDF and Table 15.3

[macroview]

Sorry Fernand - wrong username. My correct username is macroview - too late at night to be typing!

[SilverNS]

Very Nice results - we needed something good like this 

[PILGRIM]

Hi Fernand I just bought some more  At 0.04 it was too tempting Regarding the LOI it is still the same  only a penalty clause if one or another would'nt conclude has been added

[fbedard29]

Hi Pilgrim It seems that all posters are now  seeing the value of Abcourt and a brighter future. You are wise to buy in the taxe lost season(nov-dec) and the share price is cheap. I expect that in january the good news will help increase the share price.    Yes the penalty clause was modified (before only Abcourt had that penality clause) and now i understand that both co has the