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Abcourt Mines Inc. V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canada-based junior mining company. The Company is engaged in gold producer and exploration company with strategically located properties in northwestern Quebec, Canada. Its projects include The Sleeping Giant Mine, Discovery Properties, Flordin Property, The Elder Mine and The Tagami Property, Abcourt-Barvue Project, Vendome Property, Aldermac Property, Jonpol Property and Other Properties. The Sleeping Giant Mine 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 leases covering an area of approximatively 458 hectares and 69 mining claims. The Discovery project has 166 claims with a total area of 4,166 hectares. The property is located about 30 km to the north-west of Lebel-sur-Quevillon, Quebec. The Flordin property is located approximately 25 km to the north of Lebel-sur-Quevillon, Quebec. It consists of 25 cells covering 976 hectares.


TSXV:ABI - Post by User

Bullboard Posts
Post by Raffi14on Jan 12, 2011 2:39pm
590 Views
Post# 17961182

The Key to ABI

The Key to ABIIn my opinion, the major value driver here is the 20 million ounces of proven silver that ABI already has.  Once the company starts to mine it, look out!  The fact of the matter is that there is currently a worldwide shortage of silver.  Moreover, I heard this past week that a new silver EFT was to be started, but it hasn't gone through yet due to a shortage of supply. 

ABI is so disgustingly undervalued it is slated (on my list) to be a top performer this year.  It is a bit early to come up with share price targets, but we'll be able to better speculate on that as time moves on.  We still have to see how much gold we have and where the prices are with respect to Gold, Silver and Zinc. 

My prediction for metals prices would be that Gold will easily surpass $1,500 this year and Silver should get to $40-$50.

Time will tell, but I am extremely confident in this company to make some serious things happen.  The management is very good and all looks to be in order.....



Good luck to all the longs here!




Raff.
Bullboard Posts