Abcourt Mines Inc. V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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.

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Abcourt Mines Inc. > Return of a $20m investment to gouvernement

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Comment by tanninon Jan 11, 2023 12:25am

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Post# 35214979

RE:RE:RE:RE:RE:RE:Return of a $20m investment to gouvernement

It would be the Quebec provincial govt Fernand, and they cannot print money. However, they do support various industrilal and mfr initiatives financially where they can see a longer term benefit for the province, it's tax base, employment etc. Be more inclined to think it would be a non-government body, one that is very Quebec growth oriented,, and whether it's a loan, or a loan guarantee that a bank accepts....either would be very helpfull. I'm sure our BoD haven't brought us this far without a fair idea where the funding is coming from

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