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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 javaman12on Nov 29, 2019 7:19pm
73 Views
Post# 30407567

RE:2020 First Quarterly Report

RE:2020 First Quarterly Report   Next quarter's financial report will include the gold/silver content already in circuit. That may also contain gold content of some lower grade. The value of the gold in the broken muck in stopes is a matter of some speculation. But its possible value and cost of its production is not included the quarterly results. Also, remember that it may take some substantial time for any higher grades, to make their way through the milling process.
  
   It may take a couple more financial quarters to get a more accurate picture of Abcourt's future earnings potential. Their is a lag of time before new discoveries impact on the bottom line. Try to remain positive! There is still lots of time to buy more shares.

                                                       All the best! Java

                                                                                  
Bullboard Posts