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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 Shermandrock1on Dec 18, 2015 10:50am
120 Views
Post# 24395144

Mr. Mariner: Thank you for the reply

Mr. Mariner: Thank you for the replyTime does not permit but one observation that I have made: Renaude has identified and acquired a property that contains sufficient mineralization from which to extract revenues that exceed the costs to mine. While we at this time only evaluate the end result, profits, I suspect that there were dark times wherein he wondered if it was all worth it. A mine that yields profits is absolute proof that someone has applied correct thinking on many, many occasions and persevered through many headwinds. IMO, Renaude does what Renaude has been tasked to do. Namely, extract rocks from the ground, bring them to the mill and sell the output. Further, I believe that it is only a matter of time before his efforts are recognized and the price per share is adjusted accordingly. That is why I continue to buy at every opportunity. If I purchase some of your shares, thank you.
Bullboard Posts