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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 PILGRIMon Sep 13, 2023 11:18am
96 Views
Post# 35633825

RE:RE:Good news

RE:RE:Good newsHi Mariner

Now is not the time to be defeatist.
You write that companies run by families are the worst. Well be happy, the Hinse family is no longer at the helm of Abcourt.
And besides, everyone can see that operations are now conducted with a sure hand and that the communication which was so lacking is now almost weekly.
The hiring of miners is excellent news which confirms that SG will once again produce something to finance itself.
Naturally, the complete return to production of the mine will probably require taking out significant loans, but income will be generated in a very short time and will further reduce the need for external financing.
 
I tell you . If Fernand has sunglasses, I personally have rose-colored glasses.

look at this morning's market trading. The volume is enormous compared to the usual average. It's a sure sign that the Old Mariners who leave the ship are immediately replaced by investors who understand that things have already changed for the better
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