RE:Value of a 270,000 t a year millI agree Fernand. I did the same calculation and just shook my head at how low the Abcourt market cap is presently. Then I listened to this video this morning.
https://www.youtube.com/watch?v=otU2PxB0-N8
on a channel called Wall Street for Main Street.
This would be a horrible time to have a larger miner come courting Abcourt.
My brother and his kids have been in Abcourt for years and I only came on board last year. My background is heavy construction and have worked on a few mills over the years and my conservative estimate of the SG mill was $25-30 million US....and that is just the mill! The math was easy from there. With the stock selling for .04 to .08/share US(at that time) = a market cap of $12 to $24 million US.....I had to come onboard.
I have bought more stock recently and also talked some friends into getting involved. I will probably continue buying because at .08/share for the properties that they hold........is just way undervalued.
Ken