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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 fbedard29on Jul 29, 2024 8:09pm
108 Views
Post# 36153568

RE:Monday morning wake up call

RE:Monday morning wake up callSorry Theoldmariner for not understanding your post.
For me guidance from management means a commitment from management that they expect
to deliver in a few months.

That they will hire the necessary persons to deliver 750 t per day to the mill(and that the PP $4.5m financing is enought to succeed).
And not just to announce that they need another $10m extra to just add more resources(more dilution)..   
.
That they expect to process mineral that has +- 7.5 gr per ton and that the result will be a profit.

We as shareholders cannot expect another few years to prove more resourses and more dilution.

Abcourt has to deliver now.

Fernand







  
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