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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 16, 2020 9:45pm
782 Views
Post# 31911979

Wallbridge Has Many Options!

Wallbridge Has Many Options!Kirkland Lake bought Detour Mining as a proven operation. They paid top dollar but it was worth it!

Undoubtably, they might like to do the same with the Fenelon property. They have the money!

And they have time to let WM do the work!

Yamana is a smaller fish. Others may like to take a bite. But Wallbridge is after the bigger prize!

I agree that other mills could offer them advantage. It could involve a short term toll milling

situation. 

Or they could lease a mill for a longer duration. But in the end, Wallbridge wants their own mill.

If Abcourt's present plans don't bring sufficient near term cash, perhaps management might be open to a lease. It would be better if WM would be responsible for all mill maintenance. But details are always open to negotiation. Working together, sometimes brings each party, some significant advantage.

         But for now, it's all so much speculation. Focus on what Abcourt is trying to accomplish.

                                                Or get your mojo working!

                                            Mine has been a little rusty lately.

                         But I am hoping Abcourt has some polish, that will shine it up!

                                                        All the best! Java
Bullboard Posts