Abcourt Mines Inc V.ABI

1 billion on the spot

[abcourtfreeze]

metal value for the Abcourt barvue projet 1 billion ...around 725M. for the zinc (417M pounds) and 275M. for the silver (10M oz.)!!! Abcourt Cap. value 30 millions!

[fbedard29]

And the silver production could pay for the production cost of the mine. The zinc production revenue would be the profit. What  is needed is, to form a new co  and put all the zinc,silver properties (Vendome,Jopol, Barvue and maybe Aldernac ) into the new co. Mr Hinse mentionned that it could be a possibility. And the funding needed could come partially from the gouvernment of Quebec and

[JTDOUBLE]

The assets are there no question.. the main question is the management group who keeps failing what it promised to do .. 

[bazbuz]

Here's a theory ... OMH  has spent a lifetime building his mining empire to where it is today ...Soon, he knows it will be time to pass his assets on to his heirs... The tax implications on $1billion is a lot greater  than $300,000 or whatever  ABI is valued at today at .09cents...I know that is how I woiuld position my assets for my heirs...As little as possible to the Tax man.

[moose73]

If that would be the case he should of stayed private and not public. He works for all shareholders well I hope at least.

[dandu1924]

This is the big reason ABI traded at low share price, the magagement  (OMH) failed all the time what it promised to do, the OMH is tkinking about himself with his royalties, multi-salaries ( CEO, engineer, chairman, manager, his satelite company Deco...) in facts everything is turning around OMH, since years and years  and that will not change.