RE:Abcourt value 11 march 2024A week after my post that the AISC could be $1515ca and the price of gold sold could be
$3299.27 today my vue has not changed.
Abcourt will be a profitable producing mine in the near future.
A profit of $1784.27 per oz could mean if in 3 years at a producing rate of 30,000 oz
would mean $1784.27 x 30000oz = $53528.10 in profit.for a MCAP of $23m .
Can you ever imagine a co that could produce a profit of over 2+ times the actual mcap of the co
today.
Yes the AISC could go up quite a bit but the value of mineral processed could also go up quite a bit.
And do not forget that Abcourt has a future silver mine and also a potential copper mine
that has no value added to Abcourt MCAP today but someday a co could offer us a purchase of
either Barvue or Aldermac at the present value of Abcourt MCAP.
Fernand.
.