Abcourt Mines Inc. (ABMBF)

[NYBob]

bigone thanks; Let’s go, post the news everywhere.

Nice meeting yesterday we learnt a lot of things

Now we can help the company with 2 min per days.


1. They have 40 people working at Sleeping Giant, Things are moving

2. They are looking for people to eventualy replace mister Hinse

3. They are planning first pour of Sleeping Giant for this month

4. They follow the exact same plan that they been stating all the time.
Meaning that if they continue, we are looking at subtential increase
in Production

5. They hired 20 people from Westwood and now Elder team is complete.
Meaning they will be able to go full production on Elder.

6. They opened stoped on level 4-10-11 and working on 12 meaning the
grade should be better because less dilution when they are actually
mining in the mineralized zone instead of digging their way to get
it.

7. Their goal is to be able to annonce dividend somewhere in 2021.

8. They could be making about 30M net profit starting next fiscal year.

9. That is about 10 cents per shares. Company usually sells for 10-20
multiple of net profit.

10. This could be 1-2$ per shares.

11. They will be looking for parthner to accelerate other projects they
own and increase value for shareholders.


Folks now is the time to tell everyone.
Share below 20 cents are
shrinking and we need the stock to be at all time high to benefit from
tax lost season.

Let’s go, post the news everywhere.
by rpm111 (320) sth.
User Actions

Shareholder meeting! Very good meeting with M. Renaud Hinse.


We get few nice confirmations like:

- Sleeping Giant is moving foward as planned.

- The first gold dor from Sleeping Giant will be produce THIS MONTH.

- M. Hinse talked about Dividends in 2021.


And lot of good things.... )
---

Good meeting, dividends to be announce in 2021 if gold prices are staying good.

About 40 000 ounces projected for next year

Drilling at sg on going Sg has about 500 tons to process

First goldpour for sg before jan 2021

bigone thanks; Here's a few more tidbits from the meeting notes:

-The PowerPoint presentation will be on the website.

-20 additional miners were hired at Elder (they used to work at
Westwood). That will allow full production at Elder. This is great
because is hard to find miners.

-ABI will be gold focused for the next few years.

-More gold will be sold before the quarter ends, so Q2 ending Dec. 13st
should be very good.

-My take on the "successor" is that they are looking for a mine manager
for Sleeping Giant because they are rapidly ramping up with pre-
production there and it needs daily oversight, being too far away from
where Mr. Hinse's is located.

Yes, I agree that it is going in the right direction.
These things take time, but the progress is good and within
2 years we may be producing 40k oz au a year.
Not bad for not having to dilute further or to borrow.

I am satisfied.
by Geckomeister (16) sth.
User Actions
!

Gold & Silver bulls starting to break out > ^ > ^ > ^

In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA