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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 PILGRIMon Mar 26, 2024 10:19am
83 Views
Post# 35952844

RE:Please Begin here with sharing truth

RE:Please Begin here with sharing truthThank You Mariner
I completely agree with your macroeconomic analyzes and the blindness of our politicians who constantly throw fuel on the fire to supposedly extinguish it.
This is why I distrust currencies and why, as soon as I can, I invest my money in tangible assets.
 
Coming back to Abcourt Certainly given the persistence of such a low price for ABI we can doubt the relevance of the measures put in place by its management.
However, you will agree with me that the price of a stock is not always indicative of its true value.
This is particularly true in my opinion for Abcourt which, for me, ticks all the boxes of a good investment.
1) Very low purchase value
2) Clear and pure player project
3) In-depth and technically impeccable work on the fundamentals by management financially involved with its own funds which is based on a PEA established by a recognized firm independent of management.
4) Short maturity of return on investment
5) Backing of income on a product in demand everywhere and whose price is constantly increasing.
6) Mining PEA which demonstrates a forecast annual profit equivalent to 1.5 times the current market cap over a horizon of no more than 12 to 18 months.
 
If you compare to all the other junior mining companies which only have to offer the waiting for a mining permit or at best a start of exploitation within 10 to 15 years, what do you want better?
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