Post by
JTDOUBLE on Sep 16, 2020 7:24pm
Barvue unlocking value !!
I rather see them spinning off the Barvue property and accelerate the exploration on Edler and SG ..
Right now this property is not even added to Market Cap of Abi ..
By unlocking this property shareholders will benefits with spin off shares plus the Cash they get off property and starts some major drilling.. Gold no where to go but up given the market conditions presently..
unlocking this Barvue property easily propel us 40-50 cents range ..
Comment by
tbnorthstar on Sep 16, 2020 7:46pm
From what I can see it is about 40 million or so to get the mine up and running. Not sure how they would finance that if they decide to go ahead with it. Unlocking the value there either spinning it off or selling it outright might be an idea. Don't know management at all but do know of someone that does and I get the impression ABI moves to their own beat, no rushing things along.
Comment by
Puffertime on Sep 16, 2020 8:25pm
Sorry, I was talking about SG, not Barvue.
Comment by
JTDOUBLE on Sep 16, 2020 10:08pm
Don't be sorry your just find this company on time .. I suggest you accumulate here while the true value have been realized yet !! The POG price have increased tremendously is is more viable now to starts mining this .. Do not wait till end of the month with SG do it's first pour.
Comment by
brownbear2 on Sep 17, 2020 3:16am
Maudore took on a lot of debt, and the price of gold in Canadian dollars went way down. Way different scenario now.
Comment by
brownbear2 on Sep 17, 2020 3:21am
Suggest doing due diligence if curious about Maudore. For example, company presentation https://www.slideshare.net/Companyspotlight/maudore-minerals-ltd-corporate-oresentation-may-2014
Comment by
SilverNS on Sep 17, 2020 7:34am
Not if but when Silver goes to $50 you will see Barvue come into play - many companies will want this asset and my thoughts are that we will get $50 silver by Feb/Mar next year.
Comment by
JTDOUBLE on Sep 17, 2020 8:56am
Rpm and Javaman always have some great insights on this property.. ehat do you think Rpm or Javaman ??