Abcourt Mines Inc V.ABI

Cash have drop 1 million inventory increase by 700k..

[JTDOUBLE]

Can anybody tell me at what price was gold inventory was price in to derive this amount.. just does not add here ..

[dandu1924]

I am not  impressed by the Q1,  a good  Mc Donald restaurant  making the same Q1.

[JTDOUBLE]

If you look at sleeping giant production.. Sales of 195 ounces of gold extracted by mine development at Sleeping Giant mine for a total of  $ 440,912 in the first quarter ended on September 30, 2021. There was no sale in the 1st quarter of 2020. there not much to show here .. with 1.5 millions in cash I expect another PP or extent those line of credits.. 

[PILGRIM]

Gold inventory should be evaluated at production cost price 

[JTDOUBLE]

If we used 1766 as AISC that should results in 1526.49 ounces of gold in the inventory .. just wondering how many ounces of physical gold we have in our inventory??