Abcourt Mines Inc. (ABMBF)

[NYBob]

RE:The new ceo Mr. Pascal Hamelin was also recently appointed to the
Board of Pershimex (V.Pro) Resources, the company with which
Abcourt has recently signed a notice of intent to toll mine a
considerable bulk tonnage (5000 tons @ 7.2 g/t) of high grade ore.
Perhaps, there will be more work done together between these two
companies in the future? This grade beats the Elder mine's recent
production (3.67 g/t) by about a factor of two.

https://stockhouse.com/news/press-releases/2022/03/23/abcourt-fared-well-with-only-an-adjusted-loss-of-108-774-and-a-net-loss-of-703

"...Mr. Hamelin is currently President of Bonterra since June 2020. He will leave this position in January 2022 to focus on new challenges, including those of Pershimex.

Beginning in September 2010, Mr. Hamelin worked to return the Bachelor mine to production through project financing, assembling a full production team and conducting bulk sampling in 2012 at the Bachelor mine, and in 2020 at the Moroy project. In these stages, he oversaw the obtaining of the various required permits and socio-community agreements, including those with the Cree Nation...

...Robert Gagnon, president and CEO of the Company (Pershimex), says: "By joining the Pershimex team as an independent director, Mr. Hamelin will bring the necessary expertise to the company to be able to accelerate the development of properties currently at the advanced exploration stage, such as the Pershing-Manitou area on our Courville property..."

https://stockhouse.com/news/press-releases/2021/12/16/pershimex-announces-the-appointment-of-mr-pascal-hamelin-to-its-board-of

https://stockhouse.com/news/press-releases/2022/02/08/pershimex-announces-the-signing-of-a-letter-of-intent-for-the-custom-milling-of

Clearly one of Mr. Hamelin's other 'new challenges' will be to make Abcourt Mines a profitable mining operation. Could Abcourt's new CEO accomplish both of his challenges by bringing these two company's efforts together?

Pascal Hamelin has taken on a new role. But now he must make the shareholders of two separate companies happy as well. He has received stock options from both. So at least, he does have some additional incentive to strive to satisfy both.

Abcourt has been silent recently about its contribution as the potential mill operator who will toll mine the initial bulk sample from Persimex Resources.

With a present day market cap of $3.6 million, perhaps the cost of acquiring V.PRO could be too much of an opportunity for Abcourt to miss. Will it make an offer to purchase at some near future date?

At the present time, Persimex is still an exploration play with very much to prove. But now may be the best time for Abcourt to get in early?

Like Abcourt Mines, Persimex languishes with little investor interest. It still trades very cheap at 3.5 cents.

So this company may represent just too much risk for a small retail investor to take on. But for Abcourt Mines, this kind of challenge may be better for our kind of miner to like?

Abcourt just doesn't have the money. So it might have to borrow again.

It's easy to speculate.

But it's a different matter to actually predict the future, except for the fly on the wall!

All the best! by Javaman12

$In GOD We Trust - Real Money - AU Safety 6000yrs )



https://www.kitconet.com/images/quotes_7a.gif?1493417496003














http://www.kitconet.com/images/live/au0001wb.gif


https://www.kitco.com/images/live/silver.gif?0.8344882022363285


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

https://www.usdebtclock.org/

God Bless