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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 > Consolidation
View:
Post by Martyboss on Apr 25, 2024 10:01am

Consolidation

Has there been any discussion on consolidation of the shares, 523.500 shares is a lot a 25--1  would bring the share structure back dow to a decent number , 523,500 is a rediculous number of shares,
Comment by Benji 2000 on Apr 25, 2024 6:08pm
Hi Martyboss, For your information about reverse split Mr. Martyboss. You may call Mr. Hamelin (he live in Canada) or go on youtube (Youtube is on internet) https://www.youtube.com/watch?v=05ALktDPdwM and you will see Pascal Hamelin answer NO at your question about Reverse split (at about 6 minutes of that youtube video) Now, i know you will sleep better...  !! Have a good night Boss
Comment by fbedard29 on Apr 27, 2024 1:58pm
Mr Hamelin was probably the first to propose a reverse split of 5-1 . But after all the negative posts he realized that it was a bad  idea . People mentality is if the price of a share was 0.05c and now after a reverse split the price is 0.25c it wouldn't be bad if the share price decreases to 0.020 and then 0.15 and so on. But instead if the share price was 0.05c and you were given 5 ...more  
Comment by fbedard29 on Apr 27, 2024 4:43pm
Too many beers again. Couln't find new post button   so i am posting on an older post. I have enought faith  in Abcourt that i have suggested to my grand dauther that if she invested in Abcourt Mines today at 0.05c and if she ever lost part of her investment i would cover all of her lost. Stupid or confident i am not certain. Fernand 
Comment by PILGRIM on Apr 30, 2024 11:33am
Nice Grand Father indeed!
Comment by PILGRIM on Apr 30, 2024 11:37am
Hi Fernand You're right The best way for Abcourt to make money and the soonest is to extract some ore at SG.
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