Despite this interruption, the Company reports a net profit of $ 367,413 for the 3rd quarter, compared to a loss of $ 97,604 for the same period in 2020. An adjusted net profit of $ 938,456 was realized in 2021, compared to $ 654,837 in 2020. The improvement is due to a lower cost of sales which is explained by an improvement in the ore grade and a reduction in amortization, depletion and royalties.
As per current valuation fair value should be .19 to .26 cents. So I believe the price should pick soon. This is very much under vlaued stock, expect some price action soon...
H
News on their web site:
Highlights: •Revenues of $7,810,494 for the first quarter ended September 30, 2020, the best to date;•Net profit of $1,055,638 for T1-2021 versus a net loss of $61,668 for T1-2020;•Adjusted net profit of $1,787,909 versus $890,187 for T1-2020;•Costs of sales reduced by $421,296, that is 6% compared to the previous year•Cash of $3,382,660, representing an increase of $1,421,740 for the quarter;•Gold inventory of $1,946,725, that is about 1,233 ounces; •Ounces produced 3,008, sold 3,071;•All -inclusive cost of $2,184 /oz or US $1,642. Cash cost of $1,897 /oz or US$1,426; •The Company has no long-term debt. It finances itself with its operating revenues.
Just purchased almost 10% of the daily volume today as a side hustle. Great prospects moving forward with SG coming online. AISC reduced and operating cost cuts of 25%. No brainer, GLTAL 👍
R
This is maybe my favorite stock play for a multiples return in the next year. One of few which actually are a profitable producer with growth coming and several untapped properties. Love the Silver/Zinc Pit. I need to study the current production and projected with addition of Sleeping Giant Mill coming online. They give the production in grams per ton and then the give tons but it is left to the investor to figure out the ounce produced, and projected cash flow/profit. I bought in for 160k shares knowing this is way undervalued with almost no debt.
A
invite link for next ZOOM Abcourt mine would like to invite you to zoom meeting presentation on May 31 at 6pm Abcourt’s asset are:
-The Elder mine, a gold productive asset with 13000 ounces produced in 2020 -The Sleeping Giant, a mine in pre-production with resources around 12 g/t -The Sleeping Giant mill that can treat 750Tons per day -The Barvue, Zinc and silver past producer, with resources of 22 M ounces of silver and 675M pound of zinc. Already having equipment on site to reassemble the mill. -The Flordin and Discovery exploration projects, that had high grade intercepts in the past with potential for a million ounces at 5g plus per ton. -Multiple other gold, zinc and sliver projects for later exploration
Their market cap is only 45M$ and they are planning for major road show when COVID ends Their last press release show they are confident to have two fully operational mines for end of 2021.
The meeting will allow potential investors to meet with Renaud Hinse, CEO of the company and ask all their questions.
Here is the invite
Topic: ABCOURT's Zoom Meeting Time: May 31, 2021 06:00 PM Eastern Time (US and Canada)
Meeting ID: 819 6936 9614 One tap mobile +16465588656,,81969369614# US (New York) +16699009128,,81969369614# US (San Jose)
Dial by your location +1 646 558 8656 US (New York) +1 669 900 9128 US (San Jose) +1 253 215 8782 US (Tacoma) +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) +1 346 248 7799 US (Houston) Meeting ID: 819 6936 9614 Find your local number: https://us02web.zoom.us/u/kJnHCcjBs
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference ro
Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference ro
us02web.zoom.us
j
Gold price is rising ..This is a good environment to play this small gold company which have productions already..
Profitable and producing. Two words that are music to any junior mining investor. In too many real life early-stage mining stories, the company simply can’t generate enough revenue – either publicly or privately – to sustain the costs drilling and ex
Profitable and producing. Two words that are music to any junior mining investor. In too many real life early-stage mining stories, the company simply can’t generate enough revenue – either publicly or privately – to sustain the costs drilling and ex
stockhouse.com
A
Abcourt team is working day and night to recover the hours they lost due to technical difficulties. Hopefully we are going hear some good news very soon (I guess by end of March or earlier). Don't sell your stocks cheap , its going to be 0.20 - 0.30 cents soon.
So much upside here... An operating profitable mine with a cap of 50 Mil
R
Under valued producing miner. Added to my basket of value miners. Looking for triples or better in the next year.
c
I have been invested in this company for years and at a much higher level than at present. I have watched this company go at a snails pace adding virtually nothing to valuation. The management under MR. Hinse needs to be examined. Information on this company is hard to get, there is virtually no PR and If the past is any indication of the future then this company is not going anywhere soon. I'm out if there are no changes by the new year.
"Bob Moriarty has a write - up about ABI on his website 321 Gold this morning. He mentions that the thing that really caught his eye is Abcourt's Abcourt-Barvue silver/zinc mine. He postulates that this asset alone should be worth a Billion dollars. He also mentions the upcoming zoom meeting. Interesting indeed !!"
M
Get ready to rock!
A
Highlights: Revenues of $8,360,700 for the second quarter ended December 31, 2020, the best to date. $ 7,5M cost of sales compared to $ 6,6M for the same quarter in the previous year. Net profit of $ 454,583 for the second quarter compared to $ 86,630 for the previous year. Adjusted net profit of $ 1,381,572 versus $ 993,105 for the same period in the previous year. Investment of $ 1,2M in property, plant and equipment at the Sleeping Geant mine over a 6-month period, from June to December 2020. Gold and silver inventory of $ 1M on December 31, 2020 compared to $ 2,5M on June 30, 2020 2,730 ounces of gold produced 3,431 ounces of gold sold in the second quarter ended on December 31, 2020 Cash cost of production of $ 1,961, US $ 1,518 per ounce of gold. All in sustaining cost of $ 2,221, or US $ 1,719 per ounce of gold. $ 3,2M cash on December 31, 2020, compared to $ 3,7M on September 30,2020 The reduction is due mostly to the $ 1,3 M deposit made for the restoration of the Sleeping Giant m
A
Momentum building. This is a profitable gold producer guys, and a 2nd mine to begin production this year!
A
French Canadian on Abcourt Mines: Abcourt Future Value Hi I hesitate to post Abcourt value because it could cause an over enthouastic run on the share price. Two mines ( Elder, Sleeping Giant) should be in operation by july with around 40,000 oz production a year combined. Barvue mine has close to 18m oz silver and equivalent value in zinc (+- $1billion ). and Vendome will be added to Barvue resources. Most infrastructure in place need +- $35-40m to restart.
Aldernac has 53m pounds of copper , 116 m pound of zinc and 2m oz of silver for a total value of +- $500m n the ground.
Abcourt also has Discovery and Flordin with a potential of +- 1-2m oz gold. Also many other properties not yet valued. We have a co that is valued at a Mcap of +- 45-50m and has a value of over $2billion in the ground.
J
small company in very friendly mining district of quebec with production funding their exploration with estimate 11g/t at their new sleeping giant project, companies looking to up reenues drastically with new mine opening . this is a no brainer for someone with a 5 year outlook.
compared to a loss of $ 97,604 for the same period in 2020. An adjusted net profit of
$ 938,456 was realized in 2021, compared to $ 654,837 in 2020. The improvement is due to
a lower cost of sales which is explained by an improvement in the ore grade and a reduction
in amortization, depletion and royalties.
As per current valuation fair value should be .19 to .26 cents. So I believe the price should pick soon. This is very much under vlaued stock, expect some price action soon...
Highlights: •Revenues of $7,810,494 for the first quarter ended September 30, 2020, the best to date;•Net profit of $1,055,638 for T1-2021 versus a net loss of $61,668 for T1-2020;•Adjusted net profit of $1,787,909 versus $890,187 for T1-2020;•Costs of sales reduced by $421,296, that is 6% compared to the previous year•Cash of $3,382,660, representing an increase of $1,421,740 for the quarter;•Gold inventory of $1,946,725, that is about 1,233 ounces; •Ounces produced 3,008, sold 3,071;•All -inclusive cost of $2,184 /oz or US $1,642. Cash cost of $1,897 /oz or US$1,426; •The Company has no long-term debt. It finances itself with its operating revenues.
https://abcourt.com/wp-content/uploads/2020/12/PR2020-11-30.pdf
One of few which actually are a profitable producer with growth coming and several untapped properties. Love the Silver/Zinc Pit. I need to study the current production and projected with addition of Sleeping Giant Mill coming online. They give the production in grams per ton and then the give tons but it is left to the investor to figure out the ounce produced, and projected cash flow/profit. I bought in for 160k shares knowing this is way undervalued with almost no debt.
Abcourt mine would like to invite you to zoom meeting presentation on May 31 at 6pm
Abcourt’s asset are:
-The Elder mine, a gold productive asset with 13000 ounces produced in 2020
-The Sleeping Giant, a mine in pre-production with resources around 12 g/t
-The Sleeping Giant mill that can treat 750Tons per day
-The Barvue, Zinc and silver past producer, with resources of 22 M ounces of silver and 675M pound of zinc. Already having equipment on site to reassemble the mill.
-The Flordin and Discovery exploration projects, that had high grade intercepts in the past with potential for a million ounces at 5g plus per ton.
-Multiple other gold, zinc and sliver projects for later exploration
Their market cap is only 45M$ and they are planning for major road show when COVID ends
Their last press release show they are confident to have two fully operational mines for end of 2021.
The meeting will allow potential investors to meet with Renaud Hinse, CEO of the company and ask all their questions.
Here is the invite
Topic: ABCOURT's Zoom Meeting
Time: May 31, 2021 06:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/81969369614
Meeting ID: 819 6936 9614
One tap mobile
+16465588656,,81969369614# US (New York)
+16699009128,,81969369614# US (San Jose)
Dial by your location
+1 646 558 8656 US (New York)
+1 669 900 9128 US (San Jose)
+1 253 215 8782 US (Tacoma)
+1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
+1 346 248 7799 US (Houston)
Meeting ID: 819 6936 9614
Find your local number: https://us02web.zoom.us/u/kJnHCcjBs
https://abcourt.com/wp-content/uploads/2021/03/PR2021-03-03.pdf
Revenues of $8,360,700 for the second quarter ended December 31, 2020, the best to
date.
$ 7,5M cost of sales compared to $ 6,6M for the same quarter in the previous year.
Net profit of $ 454,583 for the second quarter compared to $ 86,630 for the previous year.
Adjusted net profit of $ 1,381,572 versus $ 993,105 for the same period in the previous
year.
Investment of $ 1,2M in property, plant and equipment at the Sleeping Geant mine over a
6-month period, from June to December 2020.
Gold and silver inventory of $ 1M on December 31, 2020 compared to $ 2,5M on June 30,
2020
2,730 ounces of gold produced 3,431 ounces of gold sold in the second quarter ended on
December 31, 2020
Cash cost of production of $ 1,961, US $ 1,518 per ounce of gold.
All in sustaining cost of $ 2,221, or US $ 1,719 per ounce of gold.
$ 3,2M cash on December 31, 2020, compared to $ 3,7M on September 30,2020
The reduction is due mostly to the $ 1,3 M deposit made for the restoration of the Sleeping
Giant m
and a 2nd mine to begin production this year!
Abcourt Future Value
Hi I hesitate to post Abcourt value because it could cause an over enthouastic run on the share price.
Two mines ( Elder, Sleeping Giant) should be in operation by july with around 40,000 oz production a year combined.
Barvue mine has close to 18m oz silver and equivalent value in zinc (+- $1billion ).
and Vendome will be added to Barvue resources.
Most infrastructure in place need +- $35-40m to restart.
Aldernac has 53m pounds of copper , 116 m pound of zinc and 2m oz of silver for a total value of +- $500m n the ground.
Abcourt also has Discovery and Flordin with a potential of +- 1-2m oz gold.
Also many other properties not yet valued.
We have a co that is valued at a Mcap of +- 45-50m and has a value of over $2billion in the ground.