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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 Theoldmarineron Dec 07, 2016 4:57pm
159 Views
Post# 25568463

All is ..we need a now NR!!!!!

All is ..we need a now NR!!!!!
Good evening,
Once again a wise old mariner is confused by an old miner...hum. I need others to translate the reality of the NR
The mill started to run normally on August 15, 2016. Consequently, the number of tonnes treated from August 15 to December 30, 2016, that is 18,697 tonnes was lower than the number of tonnes (32,095) treated in the April – June 2016 quarter. The first pour of gold was done at the end of September 2016, as it was first necessary to fill the circuit and that increased our gold inventory by an amount of $1,420,522.


 
I am completely confused..they had 32, 095 tonnes treated from April to June, 3 months, ( outside contractors) and from August to December there were 18,697 tonnes..I am not feeling good about this....where is Elders production...and why so very few tonnes?
I would sincerely appreciate this translated into French even later English...Today is December the 7th and
What levels ( the royalties are subjected to levels if i am correct?) what levels are being mined and why?
We have a great asset here...as any shareholder should know?  what we SHOULD all have is ....Equal information and provide to all without restriction and always within .....trust.
All shareholders know the financials provides in equal insight. yes?

Again what has happen since the mill went into production and where is the volumes of elder?????
Bullboard Posts