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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 > what are the ods.
View:
Post by fbedard29 on Mar 19, 2024 2:02pm

what are the ods.

Just an old fool with a few beers posting again.
If $10k invested in ABI in PP what could happen in 3 years.
If the price of ABI shares goes to 0.025 = a lost of $5k.
If the price goes to 0.10c and warrants exercisable at 0.06c = gain of 10k + wt 8K = $18k in gain
If the price goes to 0.15c and wt at 0.06c      = gain of 20k + wt of 18k = $38k in gain
If the price goes to 0.20c and wrt at 0.06c     = gain of 30k +wt of  28k = $58k in gain.
This is why i invested in Abcourt last year at PP of 0.04c and wt at 0.05c and this year at 0.05 and wt at 0.06c  .

Just posting this in case some posters can't imagine(or calculate)  the future of Abcourt.
If i don't make sense please put me on ignore.
Fernand
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