Post by
fbedard29 on Dec 18, 2022 4:41pm
Abcourt compared to other co
Hi i have lissened to a co presentation from First Mining this morning from Mr Dan Wilton
and all seemed too good to be true.
All good projects and all promissing.
My first reaction was that i had to free up more cash to add to my position in First Mining.
Then i started realizing that all their projects were a few years from being realized.
Then i started comparing to Abcourt and realized that Abcourt (Sleeping Giant mine) was less than a year away from being a profitable gold producer at today's gold price and also had all those other
properties (Discovery,Flordin, Barvue, and Pershimex merge) for a very small MCAP.
Now my thinking is that a large return on my holdings in the next year will be from Abcourt putting SG in production if funding is acquired.
Then i may sell some Abcourt to acquire other co that are close to production.
Just a dream like all my past life.
Fernand