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Bullboard - Stock Discussion Forum Abcourt Mines Inc ABMBF


Primary Symbol: V.ABI

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... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc > Abcourt gold production
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Post by fbedard29 on Nov 21, 2024 5:43pm

Abcourt gold production

I would really be pleased to post a positive comment but:
If Abcourt in  3 months has produced 189 oz (including mineral from  Pershing Manitou) .
What has been produced by miners from SG.
Maybe 100 oz .   100  x $3180 = $318k  for 120 days  = $2560 per day .
If 15 workers it would mean $170 per day produced for a salary of !!! 
And it doesn't include the cost of electricity or fuel to run the mill and management.

If Abcourt projection is to be in full production in 12-18 months we really have 
a long way to go.

So please help me understand and be positive for the future results
Fernand
Comment by PILGRIM on Nov 22, 2024 3:59am
As I understand ABCOURT make a lot of drilling  to precise and increase ressources  but don't produce for instance;
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