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.

TSXV:ABI - Post by User

Abcourt Mines Inc

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Post by javaman12on Apr 28, 2020 6:09pm

193 Views

Post# 30963954

RE:RE:RE:Communal buying

     "...The re-start of mining operations will enable us to profit from the important increase in the price of gold in recent weeks..."

https://abcourt.com/wp-content/uploads/2020/04/PR2020-04-16.pdf

    Wait for the profits. They are released on the quarterly financials. The next company quarterly MD& A, may also give some heads up information, going forward.

    In the meantime, bid 6 cents or as little as possible! Communal choices are not always the best.

    An investor needs to be smart. Remember that the gold price remains around $1700 US. That is over $2400 Canadian. That is what you really need to know!

   Trust your instincts or your reason. Or just believe what management has already stated in the last press release. They shouldn't have to spell it out. We're not back in grade 1.

    When the profits come, the sellers will determine the price. It has happened before and it will happen again. Don't pay too much. Pay at least, a little less, than what the company is worth to the market! Otherwise, the day traders, will gladly take most of your money.

                                                              All the best! Java

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