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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 caplanon Sep 06, 2017 2:06pm
162 Views
Post# 26662408

Mestrallet

Mestrallet''Little by little'' , "gently-not fast" , then, no fantastic results to come, i think...

Traduction:

Little by little the bird makes its nest


I was on-site at the mine in early August.
As an insider, I'll stay in generalities because my post are often copied-pasted
The North of Quebec is a harsh environment each month brings a lot of problems that are solved as and measure but also improvements.
The increase in the extracted tonnage which is now treated in our own factory lowers our cost of production.
We built a weighbridge near the factory that allows us to weigh us same our trucks and we avoid several km detour. At the rate of 10000 tons transported each month is a significant economy.
Interesting performs all its investments, in self-financing. All important parts are bought duplicate.
It is a good father of family management that is rather laconic and despair the speculators but who has the advantage of leaving much of the money that is earned in the company.
As announced at the AG we have an exploratory drilling program to improve the knowledge of our resources and expand them.
Our cash flow allows us to consider its implementation "gently-not fast" as say Quebecers, which is already not bad.
I push doors open by saying that the rise in the price of gold is a good news for us.
Bullboard Posts