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Bullboard - Stock Discussion Forum 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... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc. > Barvue unlocking value !!
View:
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 JTDOUBLE on Sep 16, 2020 7:56pm
Yes Hinse has been conservative with its steps the company has no debt .. seldom see this in this sector.. Given the bull on this sector the strategy should be change and take advantage of its property and accelerate the exploration and productions to take advantage of the rising POG ..    Anybody knows the property well ??  Given the market conditions today in silver how ...more  
Comment by Puffertime on Sep 16, 2020 8:24pm
I did my DD on Maudore (v.mao) many years ago because I was using penny stocks to fill my RSSP and TFSA with gains without using my day-to-day money.  The mining plan was pretty interesting but the overall company was a mess in terms of finances, so I just let it go.  I don't know what you can find on the Net today with Maudore (v.mao).  I don't think it is an easy place to ...more  
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 ??
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