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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 > So what's next here ....?
View:
Post by blueblack on Feb 06, 2024 7:46am

So what's next here ....?

We have about 500 m O/S a reverse split will happen at .10 cents and will bring to about 50 million share if they do a 10/1 split.

Pascal will be in a better position to go get finacing perhaps 30 million at 1. 50 / we will be at about 70 million O/S AND THAN WE ROCK AND ROLL.

It would be nice if they don't do a R/S but they will have to sell properties . Which ones and what can they get ?

Just getting bored here; time for them to ramp up the machine.

I  AM GREATFUL MAKING MONEY ELSEWHERE . I AM STILL A BELIEVER IN ABCOURT!!
Comment by Benji 2000 on Feb 06, 2024 11:50am
Strange for your reverse splitt my blueblack. FYI, just go on https://www.youtube.com/watch?v=05ALktDPdwM and you will see Pascal Hamelin answer NO at your question about Reverse splitt (at about 6 minutes of that youtube video) Have a good day bluenose !
Comment by fbedard29 on Feb 06, 2024 2:54pm
My oppinion also NO REVERSE SPLIT PLEASE. Yes Mr Hamelin might be able to get financing when Abcourt share reaches 0.10 c . That would mean that the market is starting to realize Abcourt potential. but it should not be dilution. It should be a short term loan if really needed. .. And so what if Abcourt doesn't have the funding to agressively drill to prove new resources. The profit from ...more  
Comment by bazbuz on Feb 06, 2024 3:34pm
No   Reverse Split...Let Abcourt  grow Organically...  Production of Abcourt  metals will advance the company...In my past experence  Reverse splits always seem to end up  as a Negative...  We have the properties ...We have the processing facility in Sleeping Giant...We are the exeption...We have it all...
Comment by PILGRIM on Feb 08, 2024 12:22pm
Absolutely Bazbuz  let's produce some millions cash and we'll have nothing to care reverse split With profit will come a higher share price and also Once Abcourt will be so nicely  funded it will buy shares in excess on the market that will be enough to sustain the share price