Abcourt gold compared to silver,zinc properties . Just to compare Sleeping Giant and gold properties ,
to Silver zinc properties and potential revenues.
If and when Abcourt produces 30k oz of gold a year at today price of $2725 = $ 81,750,000
in revenue before expenses.
If the silver zinc properties (Barvue Vendome) were to produce 865280 oz of silver at todays price of
$33.75 = $29,203,200 and 33,720,000 pounds of zinc at $1.53= $51591600 for a total of
$29,203200 + $51,591,600 = $80,794,800 all in Us dollars before expenses.
My calculation for the silver and zinc production came from the 2021 annual report.
It said 32000 t of mineral produced at 52.7 % zinc and 768 gr per ton of silver.
Barvue pre production cost was mentionned at $41.3m (close to what Sg will be).
Just my own opinion.
If Abcourt continues to dilute before seperating the silver,zinc properties from the gold properties
it would mean that Abcourt is giving away part of our silver zinc properties for nothing
because no value is added in the share price of the PP .
Most numbers are in Us $.
The Mcap of Abcourt is +- $45-$50m ca $
Fernand