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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 > The journey ?
View:
Post by Theoldmariner on Nov 25, 2023 7:50am

The journey ?

Good Morning,
Reviewing the comments and the recent news from the leadership one needs to remember the fundamental truth.
The “problems” of this company have nothing to due with language. It divides and misdirects the real challenges and truth facing this morning’s reality.

Truth? One only needs to read the history of the company, the direction and accountability.
My opinion, I have historically watched good men try to justify the past with hope and expectations.
I have witnessed others criticize posters who have not seen the truth long ago.
Look at the real numbers and facts. What were the loses, over the decades and no real PROFIT to minor shareholders.

Then one needs to truthfully ask oneself....was it worth it all? My view is No.
I believe in gold and silver as real money and wealth accountability. I believe mining of these metals can be profitable under real circumstances. Unfortunately, in my opinion, many such enterprises, are not and Promoted to be in future dreams which in truth never were or are. What if ? Well...folks not all dreams become reality in all venues of life.

Good luck and enjoy your time. In truth time can truthfully expose reality.
Comment by PILGRIM on Nov 27, 2023 8:10am
HI Oldmariner   Your posts are almost always defeatist. Certainly I admit with you that the management of OMH lacked the rigor necessary for running a mine. However, currently we have a driver who is steering the company with a firm and sure hand by finding the necessary financing to take it through all the geological and analytical stages necessary for a full understanding of the ...more  
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