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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 Mar 26, 2024 10:19am
98 Views
Post# 35952844

RE:Please Begin here with sharing truth

RE:Please Begin here with sharing truthThank You Mariner
I completely agree with your macroeconomic analyzes and the blindness of our politicians who constantly throw fuel on the fire to supposedly extinguish it.
This is why I distrust currencies and why, as soon as I can, I invest my money in tangible assets.
 
Coming back to Abcourt Certainly given the persistence of such a low price for ABI we can doubt the relevance of the measures put in place by its management.
However, you will agree with me that the price of a stock is not always indicative of its true value.
This is particularly true in my opinion for Abcourt which, for me, ticks all the boxes of a good investment.
1) Very low purchase value
2) Clear and pure player project
3) In-depth and technically impeccable work on the fundamentals by management financially involved with its own funds which is based on a PEA established by a recognized firm independent of management.
4) Short maturity of return on investment
5) Backing of income on a product in demand everywhere and whose price is constantly increasing.
6) Mining PEA which demonstrates a forecast annual profit equivalent to 1.5 times the current market cap over a horizon of no more than 12 to 18 months.
 
If you compare to all the other junior mining companies which only have to offer the waiting for a mining permit or at best a start of exploitation within 10 to 15 years, what do you want better?
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