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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 > Update On My Last Post!
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Post by javaman12 on Sep 23, 2023 8:03pm

Update On My Last Post!

Apparently I have reported incorrect information after second checking, once again. The Maverix private equity firm was never involved with any investment in Abcourt Mines.

The 2 million dollar purchase was actually made by a royalty streaming company Maverix Metals which is now defunct. ( it no longer exists!)

This royalty streamer was taken over by another bigger player in this same business named Triple Flag Precious Metals. (a pure play precious metals focused royalty and streaming company).

                             https://www.tripleflagpm.com/home/default.aspx

                              But it still interesting that they remain invested Abcourt Metals

                                                 Make of that, what you will!

  I am not certain if a royalty streamer would be interesting in making any share acquisitions, at all!

                                                      Back to square one?

                                                        All the best! Java
 




Comment by javaman12 on Sep 23, 2023 8:40pm
Triple Flag is a huge royalty operator! Abcourt's Sleeping Giant Mine is way down on the list of this company's exploration assets! But at least I have found our name, posted there! https://www.tripleflagpm.com/our-assets/asset-map/default.aspx Triple Flag is listed on the TSE and is a hugely profitable business! I would sure like to get some of their shares to own! (TFPM) Maverix ...more