Abcourt Mines Inc V.ABI

Price

[Lotten]

Some of you think the share price is far too low. But is it to low at the moment?

Bearing in mind that we have been through various private placements in recent months, and that the access to capital in the near future is currently unclear, it is unreasonable to expect the price to suddenly skyrocket.

And if we look at the balance sheet, it is nothing to brag about as it appears today. Moreover, management must prove that their plan works in the best interests of shareholders. This will of course take some time.

But there is huge potential here for major changes for the better for the shareholders in this company. And that is my point.  We all know what management thinks about the future of Abcourt, and what they are trying to achieve. The question you have to ask yourself is whether this sounds reasonable or not.

And if the management lives up to what they say, the share price will eventually stabilize at higher levels. It will just take some time.

My opinion

[Theoldmariner]

I honor you but lotten, You are not sharing reality...i would have supported your comments months ago maybe.. Lotten, frankly i think it is not pssible to recover from the pending circumstnces. The hope will be after the pending outcome. They are pushing every "button" to cause a reaction. You as a wise man or women. Frankly, my opinion, again no vote are presnt imagine of a leader can

[Theoldmariner]

A caveat of their historical printed documented direction..we just were not in the plans> Folks..Maybe i am  here to help you get smart soon. Fernand . please awaken and there is no about to happen change ..there is pending outcomes..please try to open your vision. Try thinking about the baltic pipelines that were destroyed.. Try to see the  world ..is controlling about everything

[fbedard29]

Hi again Theoldmariner  I have to respond to your post that i do not understand. You must be above all of us in your way of thinking. For me i still believe that someday Abcourt will deliver. And i expect that it will be in the next year. And if M Hamelin  can control his spending  by not spending millions on building sleeping area, we have a winning situation. If Abcourt can

[Benji 2000]

And if M Hamelin  can control his spending  by not spending millions on building sleeping area, we have a winning situation. Hi Fernand, could you explain that ?

[fbedard29]

Hi Benji 2000 Not much to explain . If i remember right Mr Hamelin mentionned that he needed millions to provide lodging or sleeping area for workers to help his hiring personnal. If the funding comes from production and profit it is ok but if Mr Hamelin needs to build lodging before production and emits a new PP to fund i am against it. Fernand

[fbedard29]

I as an old fool still believe that we are very close to a double if no more PP . We can produce at a profit at todays price and in the next year can produce a profit of what the Mcap is today. Can you ever find a co that has that potential. Fernand

[fbedard29]

There will be thousands of investors that will ask themself why they never saw  this opportunity. A co that has the potential to generate a profit of the Mcap . Fernand

[fbedard29]

Too many beers drunk  again today . But if Abcourt could produce at $1500 ca dollars what could be the profit if in the near future they produce 30,000 oz a year and the gold price is as today at +- $3400ca. $3400- $1500  equal $1900 ca profit x 30000 equal $57m in a year. Almost double the Mcap. Fernand

[fbedard29]

I really believe that a small investor (with a 30-60m cash )-will try to buy Abcourt. Or a small miner co will try to buy(exchange shares ). I just hope that if anything happens it will be after the share price has increased to at least 0.10c. Ok  i will stop posting. Fernand

[fbedard29]

Sorry i still have to post. Yes a co will offer to buy Abcourt. Will it be after Abcourt price reaches 0.10c . If yes we could be in a position to accept at a share price of 15-20c including a share  convertion to the new co shares. Fernand  

[PILGRIM]

Hi fernand   I have 2 comments about your last posts the first is the following: Will a buyer propose to buy ABI in the near future? I think that this hypothesis is very likely but not before the cash flow becomes positive. Which according to the press releases should not happen before at least mid-2025. Another reason could be that ABI obtains financing of around twenty million

[Lotten]

Please allow me to respond to this post as well as ask a few more questions. I find it unlikely that the company will be sold in the next few years. Mestrallet and Mokaddem have recently invested relatively large sums in the company. Probably because they see great potential in the development of the company in the coming years. And then they would sell again after a short time? Why? So why this