Abcourt Mines Inc V.ABI

Zoom meeting presentation

[fbedard29]

Hi folks 
I was waiting for a few posts but none yet.

The zoom meeting was very interesting and clarifying.
The presentation from Mr Hamelin felt like it was from the heart and numbers quoted were 
honest estimate of what the future of Abcourt could look like.

I will not give numbers because the presentation was really fast and with my comprehention
that seems to  have slowed down i have to take time to comprehend.

One comment that cought my attention was  that the Sleeping Giant  mill could easily cost more than $100m to replace.

And the mill is one of a few in the area (+- 60-100km).
All that with a Mcap of $30m

Sg has produced 1m oz in the past and it is possible that there is much more than what was produced still in the ground.

Discovery and Flordin are part of the best area that has not been exploited.
Flordin has resources at surface and Dicscovery has already more than 500k oz .

Pershimex has great possibility of producing high grade ore at surface.

Enough for now .
I will spend the rest of the night analyzing what the price cost and production cost 
will look like if i can understand what was said in the meeting.

I still can't believe that the price is still at 0.05c.
I expect that i could double my Abcourt value in the next year.
Fernand

[fbedard29]

I keep saying i have to diversify and sell Abcourt and buy other co. But every time i analyze and compare i still come up with that same response the best value is in Abcourt. Sg mill,  10 projects  with 2-3 close to production. And all that for a Mcap of less than $30m with a mill that is worth much more than that. The averag I am due to win once. Fernand   

[moose73]

I really hope so Fernand, I think Pascal did a great job clarifying and explaning also. Fully permitted mill which will start production in a few weeks with a market cap of under 30M, sounds good to me. Will be buying more also.

[PILGRIM]

Absolutely the same to me Fernand

[PILGRIM]

I am confident Pascal will find a way to finance the full production at SG.  At this time SG will produce 30000 oz /Year at a AISC of 1000 USD so at the present rate of Gold that means at least 30M US profit/Year.  At That time I am expecting 10 times the current share price