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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 May 21, 2022 1:23pm
253 Views
Post# 34700458

Why we should not sell our properties.

Why we should not sell our properties.Hi Brownbear2 .
You mention that Abcourt could sell the zinc properties.
My take on this is that we should not sell any properties when the price is so low.
Yes we could sell Abcourt Barvue for a few millions.
Yes we could sell Elder for a few millions and many other properties for a few dollars.
That would mean that after we have sold all our properties for a few millions we have nothing 
to look forward to in the future.
We should be buying all properties close to SG and Discovery and Flordin when they are worth nothing like Mr Hinse did.
All those non performing properties cost us a few dollars to maintain .
It is like betting a dollar now to maybe make $100 in 5-10 years. The cost in minimal.
When the price of gold,silver and zinc and copper goes ballistic we have a chance to profit.

Fernand  
.
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