Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 simplycanuckon Aug 24, 2021 11:08am
241 Views
Post# 33754623

Why I am still Buying Abcourt Shares

Why I am still Buying Abcourt SharesGood Morning to all I just bought 10,000 shares 30 minutes ago for .12 cents not sure why it does not show up any where. I have been purchasing shares for over a decade. I have watched this company grow. What I find interesting is that Abcourt has produced roughly 25 million dollars of sales constantly for the last 5 years. They have reinvested all the monies left after production costs, which explains the AISC. This has had the Mill running at about 40% capacity, which I would think is one of the better cost efficient rates when under 100%. The fact that the Royal bank of Canada gave Abcourt a loan at roughly 3% is unheard of in the JUNIOR Mining Industry. The fact that this company sat down and made a contract with the Mining UNION for 5 years tells me that this company Respects their work forces, Safety and Quality of life. These are just some of the Reasons.   Thank You   Russell
<< Previous
Bullboard Posts
Next >>