Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Gold

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.

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Abcourt Mines Inc

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Post by javaman12on Nov 27, 2019 5:15pm

150 Views

Post# 30399833

RE:RE:7 cents taken out...

It's probably just some tax loss selling. I don't expect that production from the new high grade gold vein will be reflected in the quarterly (Q1) report to be released this week. Probably the seller doesn't either. Keep expectations reasonable until the following Q2 release. That should give us much better information. More buying at that time should better reflect Abcourt's true value. It's a lot higher!

Remember that there is a buyer for every seller. Just something to keep in mind. Everyone is looking for a deal!

All the best! Java

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