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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

Comment by tanninon Dec 07, 2021 2:32pm
143 Views
Post# 34207408

RE:RE:If Hinse brood

RE:RE:If Hinse broodI'm with you Fernand, prefer to have Renaud running this, with support from his family. If a well financed miner made a good offer, be interested......but not interested at all in 'bringing in professional management', as some keep suggesting. Renaud is bringing ABI slowly up to speed, part of the 'slowly' relates to capital constraints, part to labour constraints. When both mines are contributing ore, mill throughput will be double (?), av costs will drop, higher av grade throughput etc....more profit....and the virtuous cycle will continue. Patience is required, for ABI as for every other similar venture....if it's not capital/labour constraints, it's permitting or first nations negotiations or ...etc. This game required massive patience, and then a bit more. Focus on what has been achieved...one mine and mill working, a second mine coming into production, generating cash.....
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