Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

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.


TSXV:ABI - Post by User

Bullboard Posts
Comment by Martin7171on Jan 27, 2011 7:05pm
264 Views
Post# 18037698

RE: SP?

RE: SP?Excellent Opportunity, in the short time everything rely on silver price as soon as silver go back up  we will see a terrific breakout.

Look at it this way,

we have a market cap of 20M, in the Elder mines ifself they have invested 28M for renovation, equipment and so on,
 
We have a market value of 16$ per share of proven resources.

At Barvue, Genivar did a 43-101 fesability study at 15$ silver onces and 0.86$ zinc lbs. the return on investment was 30% on the money.

Now, Abcourt come up with even higer grade.

If any of the projet goes into production, wich is very probable, stock price would be between 2$ to 5$.

If silver goes 50$ to 100$ like many analyst predict it will make us rich!

So if you are bullish on silver Abcourt is a one of a kind!

Good luck

Martin  







  
Bullboard Posts