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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.


TSXV:ABI - Post by User

Abcourt Mines Inc
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Comment by jmm1228on Mar 01, 2016 8:55pm
124 Views
Post# 24611273

RE:RE:RE:RE:RE:RE:What good news will it take

RE:RE:RE:RE:RE:RE:What good news will it takeMr. Hay,

Define "takers" and "back then" please. Is "back then" the time when nobody wanted any gold/silver stocks? What numbers "don't lie"?

There are hundreds of junior miners which are and have been undervalued based on assets, as has been ABI. The first report of  revenue and income occurred on 11/30/15 and value has nearly tripled since partly, in my opinion, because management crafted a way to get into production without the addition of debt and only minor dilution. Previous dilutions resulted in 100% owned valuable properties, at bargain prices because the industry was in disarray.

What do you see as the norm for appreciation since 11/30 and in the near future? Please cite examples of the kind of appreciation ABI should be exhibiting.

I am struggling to understand your thinking. I hope you have input which will help me get your point?


JMM

I am a retired CEO and an independant investor with no connection whatsoever to the management of ABI.


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