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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 keeping the count ?
View:
Post by blueblack on Jan 15, 2025 4:42pm

Anyone keeping the count ?

1.5 million shares to the new CFO . We are at how many HUNDRED OF MILLIONS OFOS ? :) 

I can't even sell my shares at 5 cents and these guys are handing out more shares . when is the next PP? MORE OS coming up.
Comment by bazbuz on Jan 15, 2025 5:44pm
ABI has been the Family Piggie Bank for decades...And we have financed this operation...
Comment by fbedard29 on Jan 15, 2025 7:53pm
I am not for or against Options granted. I question myself why grant options and why for so long. If options are granted to a new members and the options are granted for 5 years and the only way to  exercise is to still be part of Abcourt management at exercise date it is a good incentive for the options holder to perform before  exercise time(5 years) . But it might not be an incentive ...more  
Comment by Benji 2000 on Jan 16, 2025 6:58am
I agree with you Fernand, and i never saw 5 years for that kind of deal (OK, i'm not an expert). Come on guy's! be serious if you want your old shareholders invest again in your project than another one (NexG, TLG and MAE for exanple). Anyway, with Abcourt Mgt...it's always in 6 month...in i observe it's always PP happend every 6 month...Let's go gentleman...Start your engine !
Comment by fbedard29 on Jan 16, 2025 1:49pm
Thanks Benji 2000 for your post. The  3 co that you mention ( NEXG, TLG , MAE) as far as i can analyze are all great co to invest in. I will keep them in mind . If ever i am in a position to sell (ABI or MUZU , DV , FF ) at a profit i will buy in the 3 that you mention. For now it all rest on timing .What co will appreciate first. Fernand