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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TSXV:ABI - Post Discussion

Abcourt Mines Inc > Volume

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Post by SilverNS on Apr 12, 2023 2:12pm

Volume

Lot of Volume today - wondering if we sold Abcort-Barvue?????

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Comment by fbedard29 on Apr 12, 2023 5:21pm

Don't count on the sell of Barvue to generate volume and mainly increase the share price. The sell of Barvue at this time would be negative to Abcourt future due to the low share price and no interest from any mining co that has no access to capital. The sale would only increase the time required by management to perform. The only news that will increase the share price and interest in ...more

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Comment by SilverNS on Apr 13, 2023 8:11am

I disagree, they are looking for cash and they have two options. Sell assets or borrow the cash both will affect share price. As mentioned I am also investing in MMY and they sold an asset at a great loss but with the cash they turned one of their mines around and now are in a much better position to advance the stock. If ABI was to do the same and invest the cash in Sleeping Giant and get ...more

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Abcourt Mines Inc