Abcourt Mines Inc V.ABI

One option for ABI is get ready to sell Elder when Sg is in

[fbedard29]

I keep analyzing and looking for ABI better way to plan for the future.

Once Sleeping Giant is in production and profitable  Elder should be sold to a co that has a mill
much closer than SG with a NSR to ABI.
That would eliminate the conflict of interest with the NSR with Mr Hinse.
That would also give  management more time to plan for drilling at SG , Flordin and Discovery.

That would also give more time to plan for the reopening of Barvue.
And an added bonus might be realized if Mr Hinse can start looking for properties that has value that he could buy like he mentionned in the last meeting. Aquisition is possible.

Elder will never be big but Sg, Discovery,Flordin, Barvue could be.and maybe Mr Hinse could
do a good aquisition like he did with SG.

Just dreaming and enjoying a bud (i have no heineken like The oldmariner.
Fernand

[lccommoner]

Couple questions Fernand. From your estimation, how many ounces of currently known viable gold is left in the Elder mine? (By June of this year Elder will have been mined for eight years, and not that many ounces to begin with.)  How much do you think the Elder mine is currently worth? Or another way to ask, how much would be the selling price above cost of hoist motor repair? I agree that

[petersburggray]

In my opinion selling Elder mine right now would be a big mistake. Please correct me if i am wrong but to my knowledge Elder mine has not had a significant exploration investment in years or had historic drill core digitized to aid in future exploration. Kiena mine is good example of what investment in exploration can accomplish in an old brownfield mine thought by experts to be tapped out. Once

[fbedard29]

Do not take me wrong on my suggestion. Elder should not be sold before a new drilling result is done. mr Hinse has stated in a past annual meeting that a dream was considered that all the  veins  were directed to a single spot that could be considered a mother load vein  to be explored. . This could be the difference  between a small mine or a big one..  Once all the

[SilverNS]

agree with that