Abcourt Mines Inc ABMBF

Primary Symbol: V.ABI

Metals & Mining Gold

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

Abcourt Mines Inc > Ouf...1,299,000 shares for sale at 0,05$

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Comment by PILGRIMon Dec 06, 2024 9:57am

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Post# 36349017

RE:RE:Ouf...1,299,000 shares for sale at 0,05$

Hi Lotten

your post clearly summarizes what is currently happening for Abcourt.

I agree with you that we will not see any significant progression in the price until we are established in the beginning of production and/or Abcourt has managed to raise the 20 million it needs to implement its game plan until it obtains a production generating a positive cash flow.

That said, SG's fundamentals are more than excellent with a projected ROI of 200% per year at the current price of Gold.

So we just have to be patient and buy back shares regularly to counter the dilution.

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