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Bullboard - Stock Discussion Forum Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant Property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc > Golden Years
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Post by Lotten on Jan 16, 2025 6:45am

Golden Years

Gold has been with people since 4000 years before the birth of Christ. First as decorative objects, and gradually as a means of payment for trade. (Egypt 1500 BC)
There is nothing to suggest that people's fascination with gold will suddenly end after more than 6,000 years. Rather the opposite.

Physical gold is of course the safest choice, but as a substitute, values linked to gold can also give the owner a good profit. Perhaps the best profit, but also the riskiest.

As long as the gold lies in the ground it has little value for an investor.This is where the shareholders in Abcourt have to put their trust in those who work in the company. Their ability to turn plans into reality. There is no guarantee. You have to make a choice.

As I write this, the price of gold has risen to over 2,700 US dollars. A perfect time for Abcourt to start production again.

My opinion
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