Zoom meeting presentationHi folks
I was waiting for a few posts but none yet.
The zoom meeting was very interesting and clarifying.
The presentation from Mr Hamelin felt like it was from the heart and numbers quoted were
honest estimate of what the future of Abcourt could look like.
I will not give numbers because the presentation was really fast and with my comprehention
that seems to have slowed down i have to take time to comprehend.
One comment that cought my attention was that the Sleeping Giant mill could easily cost more than $100m to replace.
And the mill is one of a few in the area (+- 60-100km).
All that with a Mcap of $30m
Sg has produced 1m oz in the past and it is possible that there is much more than what was produced still in the ground.
Discovery and Flordin are part of the best area that has not been exploited.
Flordin has resources at surface and Dicscovery has already more than 500k oz .
Pershimex has great possibility of producing high grade ore at surface.
Enough for now .
I will spend the rest of the night analyzing what the price cost and production cost
will look like if i can understand what was said in the meeting.
I still can't believe that the price is still at 0.05c.
I expect that i could double my Abcourt value in the next year.
Fernand