Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant 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 approximately 458 hectares and 69 mining claims. The Elder mine and the Tagami property are located 10 kilometers (km) northwest of the mining community of Rouyn-Noranda in Quebec. The properties include over 36 contiguous claims, one mining concession and two mining leases. The Abcourt-Barvue property is located 12 km north of Barraute, 60 km north of the mining community of Val-d’Or, Quebec. It covers over 4,755 hectares with 103 claims and two mining concessions. Its properties also include Flordin, Pershing-Manitou, Vendome, Aldermac, Jonpol and other properties.

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Abcourt Mines Inc

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Post by brodanon Oct 29, 2007 10:46am

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Post# 13708488

52 week range 0.29 to 0.93

With a 52 week range of 0.29 to 0.93 the stock price is looking a little cheap to me. I went to the website and found some very interesting numbers. Check out this website www.abcourt.com and go to the corporate profile. It's stated there that they currently have resources of 0.005 ounces of gold per share, 0.51 ounces of silver per share, 16.93 pounds of zink, and 2,56 pound of copper per share....and thats fully diluted. 48,064,800 total fully diluted. That has to give is more value than under 0.50.....think about it and due your own due diligence.

Cheers.

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