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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

Comment by fbedard29on Feb 03, 2023 2:49pm
301 Views
Post# 35265617

RE:Re: awaiting update

RE:Re: awaiting updateHi Dutch060  
Thanks for the positive note.
The money received from the oz recovered from the mill cleanup will be spent on salaries and other expenses even before any work is done to start SG mill and mining. 
The future tons from Pershimex is minimun  5 years away as stated from Mr Hamelin in december.
Pershimex would need an additionnal permit to extract and the delay is long.
The only thing needed for now is to increase the share price to an acceptable level so that the funding is done at a higher price.

And the only way to increase the share price is to have management come up with news that would help increase shareholders optimism and attract new shareholders.
Fernand 


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