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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 > Time to be Watchful..again the real truth..inflation
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Post by Theoldmariner on Dec 06, 2022 4:15pm

Time to be Watchful..again the real truth..inflation

Good Evening..i awaited the market close..for real reasons
I have recently read the provided documents about the annual meeting in Montreal.
My opinions,
I have been a partisan in the global casino ( international stock market) for a long time
I need not share a  long explanations about my summary after reading the printed words provided by the company....but...
The three keys ....the 7:1 consolidation.....
                               the name change
                               the new board
The first two points are never-seldom a good thing but generally an act of a failing existing company. Truth
The last point is all we have and need.....new direction and hope.

I will conclude with this wisdom.....
We all need to watch this new team very carefully and react immediately if they do not meet our expectations....

I will never await another decade for any non performing company and this stock WAS a complete classic .... never invest in a small family "business"  ..where the family....is the only one enjoying the benefits and you are feed nothing in fair comparisons..to all your money invested for decades!
Fernand..you really need to attend this meeting thsi time and share the truth..and if OMH was there ,
well if i were you ..he would hera the reality past and present  ..he was nothing but an old time miner of the investors of the  past and never show any face with respect! The absolute facts are printed in the histroy of the past...
 Additionally to the fellow long term share holders,
We all go forward in hope and next need facts and trust. Nothing else will do! AND. AGAIN  Watch the real monster of inflation!!..It will destroy everything even good promises.
TOM
Closing..the storm clouds are real ..Never invest real money into such gambles you can not affort to lose completely.
 

NS silver..We all need answers about the silver holding of this company, in these times and why the complete silence???
Comment by cantlose22 on Dec 07, 2022 2:29am
This post has been removed in accordance with Community Policy
Comment by fbedard29 on Dec 07, 2022 11:21am
Hi Theoldmariner I must really be a bad investor. Like you mention you were invested for the last decade. I have looked at most of my holdings. I have looked at the last 10 years (price in 2012,price today and high during the last 10 years.) Here is what the results of the co i own. Abcourt isn't worst but in fact better than most. I hope that the post will look like what i see on my screen ...more