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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
Post by alabouon Aug 20, 2015 4:07pm
277 Views
Post# 24037318

Talk with Mr Hinse

Talk with Mr HinseHi everybody,

Call Mr Hinse to have some few informations because it's true that we have as much info than water in desert :) .

First ask him when they should give info on the semester.

He told me that they don't have to give info every semester. So he said that we should have all infos at the end of the year ( closing on end of october )

2e Ask him about when we should be in full production

He told me 1st they must stabilize production for a full semester at around 12 500 t per months and have a long contract for milling.

In july they  make the first batch at Camflo. They have met few problems but nothing serious. They will start the next batch pretty soon.
He told me that Camflo have always been there first choice because of the serious of the company  and also for experienced workers there but never have space for milling
always full. But now we have it so he is very optimist that he could sign a long term milling contract .He did'nt sign long term contract because they want to know if Elder rocks fit with Camflo mill.

He said that actually they are about 85 persons working for abcourt include all clerk staff and they have a much better working capital than 6 monthsago,so finance going better.

Then we close the conversation and he said that he should have a good news at the annual assembly wich should be held on 4 or 18 of december 2015 ( if i remember correctly)

Wish that help



Alabou
Bullboard Posts