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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 Feb 02, 2012 2:19pm
530 Views
Post# 19481175

Gold and Silver Prices

Gold and Silver Prices

Will definitely help us moving forward.  As it stands right now, Gold is inching closer to $1900/oz and Silver has cracked $34/oz.  Based on my calculations/forecast, I am predicting that the price of gold will surpass $2,000/oz by year's-end and Silver should end up being between $50-$60 by that time. 

The point is, that the timing is perfect for ABI.  The more we move into the future, the closer we get to opening up the first mine (Elder).  At the same time, the price of Gold continues upward.  Similarily, the price of Silver will be at a fantastic level when the Abcourt-Barvue mine gets going.  Again, the timing is perfect. 

Therefore, those people who get in while the price is still cheap (like right now) are in for a superior return in 12-18 months time.  I not only speak these words, but I have put my money where my mouth is and have been accumulating heavily over the last 6 months or so.

 

Good luck! 

Bullboard Posts