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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 Oct 07, 2024 1:17pm
64 Views
Post# 36256384

RE:RE:RE:Was hoping for middle point from Mr Hinse and Mr Hamelin.

RE:RE:RE:Was hoping for middle point from Mr Hinse and Mr Hamelin. Hi Fernand

Time is money!

the maintenance of Elder, Flordin, Barraute etc.. and the administrative expenses cost every month.
Consequently, fundraising that will allow us to enter production more quickly improves profitability.
Concerning Flordin, I think that everyone has understood that with the grades that are demonstrated drilling after drilling and the enormity of the dimensions of this deposit, it is no longer a few hundred thousand ounces that Abcourt has underground but millions.
Consequently, anything that can bring Abcourt to a positive cash flow quickly will have an enormous effect on its stock market value.
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