Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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.

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Abcourt Mines Inc > Abi should stick developing its assets ..

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Post by JTDOUBLEon Jun 22, 2022 8:20pm

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Post# 34775740

Abi should stick developing its assets ..

Why bother buying another undeveloped mine when we have 2 in operations .. plus other undeveloped assets ..
The cash abi is limited not even enough to develop it's owned assets ..Abi can not even handle developing Barvue which is touted to be big ..

Not sure which is more important given these facts .. buy a non producing assets while abi have plenty of assets undeveloped..

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