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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

Post by fbedard29on Feb 09, 2021 3:40pm
271 Views
Post# 32516083

Barvue value

Barvue valueI just bought more shares of DV(Dolly Varden Silver) today only because i couldn't convince
myself to buy more of Abcourt due to 90% of my holdings are already in ABI.

Dv has a Mcap of $93m  with 40m oz of silver in the ground.
Compared to Abcourt Barvue (+ Vendome) that has close to 20m oz of silver and 480m pound of zinc.
At todays price Dv mineral has a value of $1b in the ground.
Barvue + Vendome has a value of $500m zinc and $500m silver in the ground.= $1b

I haven't checked if DV has any infrastructure of value(but i think it hasn't been in production for
50 years.

Barvue has buildings, part of a mill,most permit, a tailing pond.

All of Abcourt has a Mcap of $52m and Elder or  SG or Discovery,Flordin are worth way more
than the $52m Macp each.
So no value is added for Barvue .
If invertors start analyzing the value of any of Abcourt projects the share price could easily
multiply by 4 .

All without having an increase in price of gold , silver, zinc.

Let's keep dreaming (sometimes dreams do realize).

Fernand

  


 
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