Post by
fbedard29 on Apr 05, 2022 2:11pm
Matagami mine closing
Just read in Newspaper this morning that Matagami mine will close in a few months and 200 miners will be out of work.
Matagami is +- 90k from Sleeping Giant mine. Miners were probably driving 45k to Matagamy mine
but could be ready to travel 90k to reach Sleeping Giant mine.
That could be a big plus for SG .
Matagami was a zinc mine (maybe mill and trucks and mining equipment could be aquired by
Abcourt.
Mr Hinse would already be inquiring into it if he is still involved in Abcourt.
Fernand
Comment by
fbedard29 on Apr 05, 2022 3:40pm
My mistake Matagami mine is +- 10k from Matagami city. Fernand
Comment by
brownbear2 on Apr 05, 2022 4:09pm
I do not understand "my mistake". Could they stay at SG in trailers during their work week? Not that far away.
Comment by
fbedard29 on Apr 05, 2022 5:12pm
Yes it could be a possibility if no better options wereavailable elsewhere closer.. . Would be good for Abcourt. fernand
Comment by
tannin on Apr 05, 2022 11:37pm
Great beer 'musings'. In the overall, more miners available should help. We've money enough for the time being, with management probably hoping that SG ore flow will come along soon enough to avoid another pp.....I certainly hope so... at these sp prices anyway.
Comment by
thegoldenman on Apr 07, 2022 10:18am
This is the best news received for a few months, this news does not come from the company. The lack of resources was a big problem for the progression of Abcour this could be an important element for future results.