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 > One option for ABI is get ready to sell Elder when Sg is in

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Comment by lccommoneron Feb 06, 2021 8:16pm

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Post# 32494460

RE:One option for ABI is get ready to sell Elder when Sg is in

Couple questions Fernand. From your estimation, how many ounces of currently known viable gold is left in the Elder mine? (By June of this year Elder will have been mined for eight years, and not that many ounces to begin with.) How much do you think the Elder mine is currently worth? Or another way to ask, how much would be the selling price above cost of hoist motor repair?

I agree that somehow getting rid of the Conflict of Interest will help. Still do not believe serious PM investors will be interested until this is resolved. Proof is in the eight year history.

LC

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