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Abcourt Mines Inc. (TSX-V: ABI) 750M lbs Zinc, 24M Oz Silver
An SI Board Since October 2007
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Emcee:  stepup_keepup Type:  Unmoderated
Abcourt is resource rich with 750 Million lbs Zinc, 24 Million Oz Silver, 260k+ Oz Gold (43-101 measured and indicated resources on most numbers). They currently have only 45 Million shares (at time of writing this) outstanding and are trading well under US$1.00 per share; Extrapolate those numbers and ABI.V appears grossly undervalued.

With in excess of one billion US dollars zinc resource and a 13 year mine life Abcourt is identified in newly issued analysts report with 100%+ near term upside valuation from numerous potential project scenarios/catalysts. Report is located here:

The qualified Analyst has identified Abcourt Mines Inc as significantly undervalued with its five 100% owned projects being heavily discounted at current share price valuation of under CDN$0.50. The Abcourt-Barveau silver-zinc deposit alone has significant resources which the Company's independent feasibility report indicates as economically mineable with a 13 year mine life and this one project alone is significantly discounted with the market capitalization of Abcourt Mines Inc. under CDN$20M; Abcourt has well in excess of a billion US dollars of zinc resources at current market prices. Abcourt Mines also has 19,644,354 ounces of silvers at the Abcourt-Barvue project and 198,744 ounces of gold at it's Elder Gold Project.

The Analyst provides a compelling risk-reward picture for inventors as Abcourt is currently undervalued at between a mere $0.01 - $0.02 per Zn-equivalent lb found at the Abcourt-Barvue project alone, a level at the low end generally attributed to earlier stage exploration companies with resources. The currently share price is only attributing value to the in-ground zinc resources at the Abcourt-Barvue project - ignoring its large silver resources, other properties and the significant infrastructure the Company possesses from when it was a past producer at the silver-zinc operation and the Elder Gold mine sites.

Abcourt now has active programs at several base metal properties and a gold property (all 100% owned), all located in Quebec’s prolific Abitibi Greenstone Belt:

1. The Abcourt-Barvue Zinc-Silver property unifies two past producers with significant exploration/development work. It has been the subject of a recent optimized feasibility study on a 500 million lb. Zn, 13+ million ounce Ag orebody over a 13 year minelife. Additional inferred resources and clear exploration potential could result in a long life asset. Abcourt is continuing with a development program at Abcourt-Barvue (permitting, raising financing, etc.).

2. Elder Gold Property. Plans are to re-open the 43-101 compliant 200,000 ounce gold resource following a successful drill program in2005/06.

3. The Jonpol Copper-Zinc-Silver property has known resources and short term exploration potential to add more. Jonpol also represents a historic target for a large massive sulphide deposit. A $300,000, 2500 meter drill program has begun.

4. The Aldermac Zinc-Copper property, with known resources at the previous mine and undeveloped high grade discovery/resource in 1987/88. There is considerable valuable underground development. Abcourt is now preparing for a $300,000 drilling program there.

Related Links:
Corporate Website:
Analyst Report:
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13Abcourt is planning on reopening the Sleeping Giant mine Gold production jumps Internship-January 6
12Images regarding abcourt( laflamme )mine with sample rods DurInternship-12/18/2019
11Abcourt just published their first 2020 quarter results :D read more abcourt Internship-12/5/2019
10Nice Q4 results for abcourt, they have great profits this year even if they had Internship-11/20/2019
9They just had a private placement done ! The proceeds from subscriptions of UnitInternship-10/9/2019
8Abcourt’s directors have approved a $1.6 M exploration program at the Sleeping GInternship-9/19/2019
7This article mentions how Midland corporation trusts company like abcourt to doInternship-7/19/2019
6The report from the end of the fiscal year look splendid as well! Highlights:?IInternship-6/17/2019
4It's actually doing very well now ; with a net profit of 970,982$ for the ElInternship-1/14/2019
310:53 AM EST - ABCOURT MINES INC. (ABI): Sheldon Inwentash purchased 750,000 shabull_dozer-1/25/2011
2Zinc Market Commentary on interim supply gap closure & related opportunity lstepup_keepup-11/24/2007
1News today at Abcourt: v.Good silver numbers - no downside imo source marketwirestepup_keepup-11/15/2007
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