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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 14, 2016 2:00pm
383 Views
Post# 24656355

Talk with Mr. Hinse

Talk with Mr. Hinse
Hi everybody,

Just finish a call with Mr. Hinse, and i ask him some few questions about gant dormant and also some others.

First has said in PR have to wait for all conditions. If work he expect that it take 2 months to start the mile and the mine in same time.

For start both he may need some financing. How? he don't know yet ( redevance, debenture)
but no banks because no profit yet. I ask him if we have advantage to be in PLAN NORD with gant dormant. He said that he could maybe get some financing with Investissement Qubec
who promote and invest in PLAN NORD.

For gant dormant he expect to take the production of Elder thru the mile in july and expect 6 months for  the mine to be in full production.
For cost of return with mil it will be about the same because more far to this mile but expect more gold recover.

About staff he said some ex-executive and ex-employee call him to get there job back so he expect there will be ok to recruit staff but will have to implied new philosophy :)

About Abcourt-Barvue
Still the THING i want to see start.
Said the study of 2008 the numbers still in the ball park ( 42 000 000$ ) but some have to be reviews ( gas, salaries, etc... )
He told me it should take 2 years to get the permit to exploited the mine.
They already have a permit for dewatering the mine and it will take 1 year for do it.

At last he said 2015 was the year ol Elder
                           2016 is the year of Gant Dormant
                           2017 will be the year of Abcourt-Barvue

Wish his right

Alabou
Bullboard Posts