Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by javaman12on Oct 09, 2023 2:50am
229 Views
Post# 35675643

More War Is Always Good News For The Gold Price!

More War Is Always Good News For The Gold Price!War is not a time for celebration. It is a time for sadness! Precious lives are always lost!

But uncertainty like this, creates ripe conditions for a spike in the price of gold.

We will see how events unfold in the Middle East.

Israel has declared war on Hamas. Putin's Russian adventure in Ukraine is only "a special military operation", not a war! But even that small regional conflict is likely to be, more longer lasting!

Maybe this new Israel/Palestinian conflict may also be longer lasting and perhaps the beginning of something, very much bigger?

How will this situation impact on Abcourt Mines? The timing couldn't have been better!

Little Abcourt Mines is at the threshold of something, much bigger too!

But with the difficult financial markets that we have been having, it has been difficult and costly for Abcourt to get the necessary funding done.

It has also been difficult for many Abcourt shareholders to accept a private placement made for only 4 cents accompanied by an equal number of cheap 5 cent warrants.

Many bitter Abcourt shareholders have sold out quickly! This may be understandable. But if Abcourt is successful in starting up its new mine, a 4 cent share price could become 8 cents, very quickly!

Abcourt would like to get the best price for the small amount of gold it is about to produce from the Pershimex bulk deposit and the small tonnage that may be available, still lying around on the floors of abandoned stopes.

How much additonal gold can be taken out by 3 Sleeping Giant, underground miners, at the present time?

They have just enough underground workers to operate a scoop, a conveyer belt system and a hoist, to lift the left over muck to the surface. Drillers and more mining technicians will have to be hired and be put to work later on! The faster that this may be done, the quicker the mine will grow in scale and in the size of all of it's operations!

Having more workers operating on several different levels in many different stopes at the same time is the key to growing at a faster rate! This is what every shareholder wants nearer term!

But for awhile, we may have to settle for less! The speed of growth will likely be substantially impacted by how high the gold price may happen to go! Any further speculation about a greater war wouldn't slow down, any upward spike in the price!

Abcourt is going to need to get the best price available for any of the gold, it may be able to mill!

And the more ore available that may be fed to the mill, the better! A mill is most efficient when operated at its maximum capacity!

So the company's present transitional move, would be better accelerated, as soon as possible!

For Abcourt shareholders, a limited war is a good thing!

Don't celebrate it! But as an investor, take full advantage of it!

Everyone else will do the same! Many will buy the gold shares of the bigger producers.

Some investors may be also be encouraged to buy our very own company's shares! They must now be the cheapest of all. But once we become a producer, this will all change!

And at some point in the future, the nation of Iran, may have to be destroyed! This fact helps create more uncertainty!

That country's leadership certainly deserves it! Even if the populace is not on side with all of their governor's views, they will all have to bear the consequences of all of their leaders' actions!

Right now is the best time for all Iranian dissenters to leave! Tomorrow, may be too late for them to get out!

In the past, those openly dissenting their government's actions have been swiftly and brutally crushed!

In every respect, that is how this brutal Iranian regime operates!

The time for this bigger war, will come later!

The present political maneouvering in the Middle East is designed to keep the Saudi Sunni Muslim kingdom from joining forces with the state of Israel, via a treaty of peace!

Who wouldn't want that? The Iranians!

The Saudi kingdom is Sunni and so are the Palestinian peoples, who have been living like captives, in the Gaza strip.

The Hamas governing authorities, autocratic in nature, have their very own axe to grind on behalf of their people. But they use this tool to draw a lot of blood! For them, more talk is cheap! And not worth the effort!

Is a legitimate grievance best settled by violence against unarmed civilians? Are axe murderers people who deserve to be rewarded or decapitated for their heinous crimes?

The Iranians are Shiites. The Sunnis are fundamentally opposed to them on religious and political grounds!

The Iranians have devised a clever scheme to keep the Saudi Kingdom split from the Israeli state!

If the Saudi nation became aligned with Israel, much of the rest of the Sunni Middle East would fall into line with them!

Creating a schizm between Sunni brethren would also not be very acceptable to the Saudi people!

So this Iranian strategy, may well work! This terrorist regime is run by ruthless, but very clever thinkers!

They wish to use these Palestinians as pawns in their game! They make for an easy sacrifice.  Iran cares little about them because they are Sunni! They are not from their superior, Iranian Shiite race!

Sounds a little too familiar?

Doesn't this remind you of a little Austrian, smooth conductor of musical hate, wearing a dark, foreboding moustache by the name of Hitler?

Is their agenda, one and the same?

Does Iran also want to kill all of the Jews and take out all of their Sunni enemies, at the very same time?

Sounds like a Satanic plot, if I've ever heard of one! Forgive me for the biblical context! But the times, they are not a changing! They may be about to get, a heck of a lot worse!

Iran provides Hamas with the instruments of war. But they give Palestinians, no hope!

The Iranian longer term game plan is for complete domination of the Middle East!

Their strategy and game plan is a patient one! Whenever an opportunity presents itself for this evil regime, they will swiftly strike, to plunge a stake, through the heart, of all of their unsuspecting victims!

These vampires have turned the tables! They are now the ones, driving the stake, home!

But as usual, they still like to draw, the very first blood!

How may any nation combat a terrorist regime like this one? It isn't ethical to play by their rules! And these ruthless murderers, know this, only too well!

But war often has very uncertain outcomes! Sometimes events, get way out of control!

In the end, Iran will have to be completely transformed! Maybe by war, waged by an utter slaughter, against them too!

Or will they come to the realization that offering a lasting peace is better than suffering a nuclear death?

How else may any kind of leadership, always having a fixed and self-righteous thought process, ever be changed, when they can never be deposed, by their very own people?

Democracy is always better than any kind of autocracy!

In Iran, all potential electoral candidates are vetted by the most conservative hard liners in charge of their corrupt regime, who call themselves, the 'Guardian Council'. It is a council devilish in scope! And similar like minded individuals, direct the rest of the show! An elector may only vote for one of them!

Sounds like Russia and China too! Autocrats are all the same! Time eventually draws them all out, for what they really are! None of them can tolerate any critique, by any individual or group or everyone may start to listen, to a better truth!

Time will tell about where this present situation may lead! But a smaller Middle Eastern war, seems to have started right now!

No peace talks, seem likely imminent, since a declaration of war, has just been announced!

Is this declaration of war, a political manouever by an Israeli leadership desperate to survive? Or is it an honest desire to rid the country of this active terrorist threat, once and for all?

This declaration of war was not a well planned out and timely decision, like this brutal strike by Hamas against, innocent civilians!

It was swiftly announced, immediately after this great Jewish slaughter of innocents had already happened!

The much bigger war will be fought later! No nation is ready for that final and climactic event!

Everyone needs to be fully ready! Then the right kind of destructive misiles, will be launched!

In the meantime, why not buy some gold stocks! And why not take the bigger risk of buying Abcourt shares?

Your upside could be greater with Abcourt Mines, before the end of all things, happens to come!

                               Things may get wildly out of control and pretty fast!

                    It may also depend upon who is running the biggest part of the show!

           When in considerable doubt about the future, why not buy some Abcourt shares!

                        Live a little better in the present. Tomorrow may not be your friend!

                                                       All the best! Java

                            
                                   What Does That Wink Mean? No One Really Knows -- Science of Us




                           































<< Previous
Bullboard Posts
Next >>