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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 GoldInnon Apr 13, 2021 7:59am
238 Views
Post# 32983549

Seems to be Decent for ABI as per the latest news

Seems to be Decent for ABI as per the latest news Recently ABI released the latest news expressing they are very near to achieve their goals! As the Great Sleeping Giant project is going to 100% functioning in July 2021 which is only 3 months away from now!
ABI is fully equipped with all the necessary asserts as Finance, A deliberate team to work, All the equipment and Strong determination which all these are needed for success in Gold mining projects.
ABI have very large means as Elder Gold Mine and The Sleeping Giant Gold Mine As they are aware that these projects have absolute output and with the few years productions these assets will be grow very larger!
To move quickly on Sleeping Giant project they borrowed the cash of $ 6.5M in The starting of this March So the things can move ahead as Faster as possible!
Regarding the question that why the ABI shares are not moving quicker, Actually the reason is that many people are concerned about the age of M. Hinse that there is no standby strategy next to M. Hinse, But in last meeting of shareholder this concern in resolved now as His son M.Normand Hince is there as the CFO of the company and he is fully capable to handle if their e are any issues!
M.Normand  is attached with an international company  form 30 years  and has prepared his agenda to look after all the  places of ABI prior to assure that all is going alright!
With these 3 points together We will be getting up with the growing share values in near future!
 
 

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