Abcourt gold mines value compared to silver,zinc copper mineHi Just to keep you all from sleeping on the weekend.
Here are some thought and value that i came up with.
Abcourt gold mines (SG, Discovery,Flordin Elder and a few more ) .
I think the value of m & I gold might be $1-1.5b .
The value of other mines assets (copper,silver,zinc,and some gold) from M & I
Barvue $934m ca.
Vendome $415m ca
Aldemac $577m ca.
I might be wrong in some of my calculation but i am certain that it is close to $1.9B.
Mr Hamelin had commented that all properties not related to gold should be
put in a new company.
Either Mr Hamelin forgot or was too busy to seperate the gold mines from other mines.
And now due to all the funding done and dilution the new participants now own a large part
of those silver,zinc,and silver mine.
And if new funding is needed we as old shareholders will be left with 10% of those mines.
Maybe Mr Hamelin should spend some time to seperate the gold and the rest of the mines before
new funding is done.
The funding give no value to all those properties.
Have a great weekend.
Fernand