What's new

The Great Sleeping Giant Project is Really Potential!

5.00 star(s) 1 Vote

goldeurope

New Member
In 2016, The Sleeping Giant project was attained by Abcourt

It is situated in Abitibi between Amos and Matagaimi In Quebec region which is well known for its enriched minerals resources consequently greatest for mining.

ABI is in last stages to Begin the productions of Sleeping Giant as it is attained with Aurbec Mines therefore they are ready.

Mr: Renauld Hinse ( mine master) want to use same technology which they used for elder mine as Low cost productions with management and finance all at same time.

There is huge volume of rock and it in this month they take 2000 t and to avoid expensive transportation charges to put out the rock they drop it at sleeping giant facilities.

Prior to avoid any low finance issue at any stage of Sleeping Giant project they took a loan of $ 6.5 million from the Royal bank of Canada also with a credit facility of $ 1.5 million for mining equipment purchase So no doubt for rapid completion and productions for Sleeping Giant.

ABI also published an agreement with workers union who agreed to restoration of the cooperative contract in 80% in coming 5 years

In 2022 Only in next few coming months The Great Sleeping Giant project will be able to give full productions with the restrained and well managed capitals of 485 000 t at 11 g/t with the actual workout showed loads of development potential

Abcourt is going to the level of embryonic gold manufacturer with 40 000 Oz of gold per year area with the production of sleeping giant production of 18 000 and 22 000 0z gold per year

With this kind of production, they should be making around 30M$ of net revenue per year, which will be really helpful to start the third mine, Abcourt-Barvue, a silver-zinc project, and will be the next step of the game plan.

Abcourt is going to earn a 30 M$ revenue per year with the productions as above mentioned. That will lead to begin a third mine Abcourt-Barvaue which is a silver zinc project and will be next project after completion of Sleeping giant.

The valuation of the company with the actual share price is under 30M$ However there is a good chance of nice profit that offered by a junior maker at low price share .

But the 30M $ is not all the capital of Abcourt as they carry some other properties with a good value also The Barveue mine ( silver –zinc ) project.

The Barveue is the most valuable project of the company although the market value of this project does not appear too much at the moment but due to a huge potential of silver and zinc(43-101 resources of 22 million ounce of silver and 675 million pounds of Zinc) will turn this project value a huge.Also there is a rock with the billion dollars value approximately



All that means that there is a huge potential of investment with an appropriate prospecting
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
T Renko scalper, Great system with additional confirmation and proper risk management MetaTrader 0
G Looking for a great strategy that can double my account Forex Education 0
A full powerful signal....that great and nono repaint Trading Systems and Strategies 0
R Unpredictable market with great output Forex Education 0
J professional forex robot is a great robot for automated trading Forex Expert Advisors and Automated Trading 0
H Newbie in your great forum ( Forexforum.com) Other Topics 1
1 PZ trend trading great indictor Forex Indicators and Tools 0
1 Anna couling is a great trader Forex Education 0
1 these three books from a great trader Forex Education 1
C General Any great book for Trading / Patterns / Candlestick for Gold? Trading Systems and Strategies 0
C Strategy Crypto trading - Great Indicator Trading Systems and Strategies 0
M great support and resistance indicator Trading Systems and Strategies 2
T BUTTERFLY FOREX TREND FINDER INDICATOR 80% ACCURACY , GREAT RESULTS Trading Systems and Strategies 14
C Forex Cheap VPS ($4.99/$5.99) - great value for money Forex VPS 23
J Hey guys what’s a great forex trading system Trading Systems and Strategies 0
M General Which one is great for forex Forex Expert Advisors and Automated Trading 0
M Suggestion My story on forex how to great su Interactive Forex Trading 0
L Fx Incognito, does someone has this seemingly great system? Forex Indicators and Tools 0
K Looking for a great strategy Trading Systems and Strategies 1
Mashangoane Forex seems very exciting, but in reality, it should be boring and cut and dried. If you feel a great deal of anxiety when making trades, be careful. General Discussions 0
T Great pdf for managing trading stress great pdf indeed Forex Education 0
T Any one struggling with price patterns i might have a pdf to help yall out great pdf have look at it Forex Education 0
Eriksen Free VPS using ICM, great service so far! Forex VPS 5
K Suggestion GREAT BROKER FOR TRADING SYNTHETIC INDICES Forex Education 0
M AJ aroowrrs TRY IT OUT IT MIGHT BE OF GREAT HELP Trading Systems and Strategies 1
S General New beginning, great hights. General Discussions 2
kananelo0470 This is the great book make sure you read it Interactive Forex Trading 6
Y New here looking for a great EA. Trading Systems and Strategies 5
N Profitable EA Ktlea scalper great!! Forex Expert Advisors and Automated Trading 1
N Profitable EA Real great i'm test good ea Forex Expert Advisors and Automated Trading 0
N Profitable EA HFX Hunter this great ea I'm test real akun Forex Expert Advisors and Automated Trading 1
V Magic Ea with less loss great Profit EA General Discussions 0
N Indicator Great tools For Scalping Forex Indicators and Tools 1
Duke98 Indicator Help me identify the system. It's great but I forgot the name. Forex Indicators and Tools 8
P Indicator Great trend indicator for MT4 Forex Indicators and Tools 0
D Strategy FX sniper 24 system great system Trading Systems and Strategies 67
T Great broker I've been using. Tickmill Forex Broker Reviews 1
Xeimuken General Great Volatility Indicators [Long Post] Trading Systems and Strategies 1
W Profitable EA Great EA / Only for EURUSD Trading Systems and Strategies 10
T My introduction to this great group General Discussions 11
L A great profit EA, who knows what this EA name is? Forex Expert Advisors and Automated Trading 5
B TARGET ENTRY AND EXIT POINTS GREAT BOOK Forex Education 0
B FOREX EDUCATION MORE GREAT EBOOKS Forex Education 0
B Trading as business IS A GREAT WAY TO UPLIF YOUR JORNEY Forex Education 0
M spike is great indicator m15 i always use it of many hits Forex Education 0
B Super Trends indicator Great Trading Systems and Strategies 23
B Great Indicator For Beginner trader Trading Systems and Strategies 0
riki.collina Indicator Indicator Agimat 2020 Great Performance Forex Indicators and Tools 101
L Somebody told me, EA has helped them to have a great life because of its effectiveness. Forex Expert Advisors and Automated Trading 4
godfreychege Great Candlestick-cheat-sheet Forex Education 0
Similar threads


















































Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock