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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 Apr 11, 2024 4:45pm
304 Views
Post# 35984237

Abcourt value 11 march 2024

Abcourt value 11 march 2024Hi  i must have drunk too many beers again.
The Mcap of Abcourt today if Stockhouse value is correct  = $22,.27m 
If Abcourt could produce 30,000 oz in year 3 (per year) the profit if AISC is really at $1515ca
and stays the same and if the value of an oz today of $3247ca would mean $1732 profit per oz.
30000oz x $1732 = $51,960,000 in profit.
I must be really stupid for investing another $300k in 2024 in PP  and not realizing what other
investors must have realized that i have not.
Either i am stupid or most investors are, by not realizing the value of Abcourt.
Fernand

   
 
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