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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 Jun 03, 2024 2:57pm
155 Views
Post# 36069824

RE:RE:Abcourt intersects 91.8 g/t Au over 0.5m

RE:RE:Abcourt intersects 91.8 g/t Au over 0.5mHi Pilgrim.
Yes i am balancing between optimist and pessimist..
Still trying to comprehend what was best for Mr Hinse and Abcourt..
Mr Hinse trying to produce with some guest work(from Elder)  and be profitable enough to accumulate the fund needed to buy Sleeping Giant and Flordin,Discovery and other properties or spend $3-$5m to prove the resource at Elder and not have the fund needed to acquire SG. 

Only time will tell.
But in the meantime we are diluting 40% and still going (selling Abcourt shares at 0.05c and wt at 0.06c good for 3 years equals twice the dilution.)
I know that i am not a miner,geologist or has no training.
But time has proven that there are more failure in mining than there is success so people in that business should learn from those failure.
Best to all.
Fernand 

Fernand

  
 
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