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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Comment by insituon Jan 19, 2011 10:19am

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Post# 17995332

RE: RE: jeeeez

The stock has literally doubled in 2-3 weeks. Give me a break. Bet you weren't complaining that it was too cheap when you were paying 12 cents and now you want immediate blast-off. We all do, but it has to breath. I agree 100% on the silver comment- however to bring that into production is $80 million? vs $40 million? for the gold. So I think the idea is to do gold first with minimal dilution and let that cash flow pay for the silver.

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