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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 > Anyone have any concerns ??!!
View:
Post by blueblack on Jul 26, 2024 11:53am

Anyone have any concerns ??!!

Abcourt has now close to 700 million OS . WOW !!!

At somepoint these guys will do a R/S and potentiallay after the SP will go down further.

WHEN will we the small guy get REWARDED to stinking around and believing in the Abcourt story ?

They should sell ABCOURT now for $ 1 a share and i think everyone would be happy.

Of course it won't haapen; the intention at Abxourt is to squeeze the little guy ; it was always about them NOT US !!
Comment by fbedard29 on Jul 27, 2024 6:10pm
Yes blueblack you might be right on some of your posts. But then again who could be right. I still believe that management will deliver on their promises. The results could be for me of  plus than a $1m profit if all goes as predicted. Or it could be -$250k lost f they do not deliver. I still think that they will deliver and in the long run i will make a few $m. Abcourt could be at 0.025c ...more  
Comment by fbedard29 on Jul 27, 2024 6:21pm
The share price was at 0.04c a few weeks ago and now i think that the share price will  continue to increase if management doesn't come up with a new PP financing at 0.05c. Can we count on management to stop diluting or is it a new way for management to sell Abcourt at a discount. Fernand
Comment by fbedard29 on Jul 27, 2024 6:27pm
We need guidance from Management on what is their purpose or new views on the direction that Abcourt will or should take. Fernand
Comment by Lotten on Aug 08, 2024 4:39am
The company still needs money to complete its plans. And whether this money comes through equity capital increase, or debt financing is uncertain. Maybe a combination? In any case, I do not think that we can expect the share price to take off this year. And we should be prepared for more dilution. But I absolutely believe that we can be on our way to something exciting in the future. This ...more  
Comment by Lotten on Aug 08, 2024 3:39am
Yes, you are right that there are starting to be a lot of shares in Abcourt, but why do you think that the share price will potentially fall after a possible reverse split sometime in the future? I agree that this scenario often happens with small companies, but it also depends on the circumstances surrounding a reverse split. There is no automaticity in the share price going down as I see it. As ...more  
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