Abcourt Mines Inc. V.ABI

sorry for the confusion

[fbedard29]

Hi i am sorry for not choosing the right words and not being that clear on my thoughts.
I am getting older and with many beers and not having the opportunity to
practice my English anymore a have a hard time posting.
Maybe i should post in french and most readers might get more of my thoughts.
Fernand

[kennvt]

I agree Fernand. If there is 7000 ton to be processed and the production is 350 ton per day, that is 20+ days of production. The + is for extra time spent working out any bugs in the system........and they are producing some INCOME!!. I imagine they would subcontract the excavating and trucking for the Pershimex site, they would need someone to run the loader at SG (Heck, loading 350 ton/day with

[fbedard29]

Sorry for the confusion Kennvt. The 5000 tons  from Pershimex if i understood right is already at the Sg mine site. So almost no expenses to deliver to the mill. Fernand

[PILGRIM]

Hi Fernand Can you estimate how many dollars would come from from the ore piled at the mill ?

[fbedard29]

If 5gr per ton and 7000 ton= 35000 gr = +- 1250 oz x $2600ca= $3.25 m ca Fernand

[fbedard29]

hi Kennvt The Sg mill could run at 350-700 per day.(8-16 hrs)  Maybe some of management people can be usefull and run a loader if allowed by workers union. I have no clue where the money from the cleanup of the mill went. I think there was $17m but not certain. Some surely went to improve the mill and i expect a lot went to pay management salaries. If not where did the money go .(to prove

[Theoldmariner]

Good Morning  Reviewing all the comments this past week...... The leading questions which need further undertsanding....in my opinion... Where has money gone and accountibility of where it was spend The reality of a reverse split and renaming the company Union larbor and working conditions at SG..where are the workers.. So many blunders or something else..I never understood the

[PILGRIM]

Hi Mariner As I understand the mill should  be in refurbishment by the contractor having cleaned it in the same time They will conduct the very beginning of production with existing salaries

[PILGRIM]

Hi Fernand I agree with you As shown by the PEA there are some very rich ore very near the shaft  which would be collected by actual salaries. Cleaning revenues has been used for the PEA work, the coporate expenses and the payment of the cleaning contractor.

[SilverNS]

All good -