Abcourt Mines Inc. (ABMBF)

[NYBob]

$Abcourt Mines Inc. (ABMBF) Record Revenue; Best to Date” from Emerging
Abitibi Gold Producer
Dave Jackson Dave Jackson, Stockhouse

https://stockhouse.com/news/newswire/2021/04/12/-record-revenue-best-to-date-from-emerging-abitibi-gold-producer


$Abcourt soon @ the big awakenning

If you look at Elder only, The cost per ton including administratives
fees is 230$ in the presentation.

Should they get 4 g/t it is about 1610Cad$ or 1280 US$

The reason why cost are high is that they are developing Sleeping Giant.

They always had reasonable cost until they start to open the giant
again.

Now $1280 us is at 4 gram tons.
But the last pr with results from feb 2021 leave a much better grade
and thus a lower price.

The Giant has 12 g/t material so you need the third of material
for same profit. )

At 230 per ton it is 575 CAD$ per ounces of gold or 459US$

So yes I do strongly believe cost are just about to go significantly
down.

for 3 reasons

1- Better grade at Elder

2- No more spending in development at Sleeping Giant paid by Elder but a
profitable operation at both mine

3-Sleeping giant Has 3 time better grade and cost should be really
lower.

For all those reason I think we still need a bit of suffering for
the Giant to be done in a couple of month but every press release
numbers seems to be better and I am very confident they will get
amazingly better with the Giant.
by rpm111

Abcourt eng. is often very conservative on every estimate,
imo!

Let's move on )

$usmcgy01 thanks; Record Revenue; Best to Date” from Emerging Abitibi Gold Producer
Dave Jackson Dave Jackson, Stockhouse
5 Comment





https://stockhouse.com/news/newswire/2021/04/12/-record-revenue-best-to-date-from-emerging-abitibi-gold-producer



1
+ Favorites
When Stockhouse Editorial last caught up Quebec-based
$Abcourt Mines Inc.(ABI) (TSX-V.ABI, OTCMKTS: ABMBF, Forum),
our investor audience got a firsthand look at the awakening of a
“Sleeping Giant” in gold exploration.

Fast-forward to today, and the company’s mining operations are now very
wide awake and ready for growth at multiple sites.



Founded in 1971, Abcourt Mines, is an established and emerging gold
producer with two gold mines, one zinc-silver mine, several gold and
zinc projects in its current portfolio.

The junior mining company offers excellent operating potential for gold,
silver, and zinc in the historically prolific, stable, and mining-
friendly Abitibi, Quebec region.

Abcourt is currently focusing on the exploitation of its Elder mine and
on the development of the aforementioned Sleeping Giant mine.

Its gold-producing asset is the Elder Mine.

The company has a processing plant with a capacity of
750 tonnes per day.

The mine is equipped with functional buildings plus all of
the surface and underground equipment with a
2,600-ft shaft (793 metres) and 16 levels.

The project is currently producing 15,000 to 18,000 ounces of
gold per year.





https://stockhouse.com/news/newswire/2021/04/12/-record-revenue-best-to-date-from-emerging-abitibi-gold-producer

https://investorshub.advfn.com/Abcourt-Mines-Inc-ABMBF-29448/

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