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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 Apr 05, 2024 11:22am
172 Views
Post# 35972830

RE:RE:All That Value In The Ground !!

RE:RE:All That Value In The Ground !!
I think we are all speechless at the continued rise in the price of Gold at this speed.
Usually it is customary to say that after such a rapid rise Gold is in an overbought zone and that, consequently, a consolidation quickly follows before, after catching its breath, it stabilizes. But there he took 150 USD last week and another 170 USD this week.
I think that the big American banks which are generally maneuvering to clip the wings of untimely increases had never imagined taking such hits on their shorts and that they must be in abysmal losses and with the force of this rise unable to stop it
 
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