0.23 Dollar US$ Abcourt Mines Inc.,The best steady gold stock in stocks market, Check it goes up, www.abcourt.com Rouyn-Noranda

About: Abcourt Mines Inc. is a junior mining company with excellent operating potential for gold, silver and zinc. Among its many assets all located in Abitibi, Quebec, it has an operating gold mine advantageously located in the mining community of Rouyn-Noranda, a processing plant with a capacity of 750 tonnes / day, an advanced project for zinc and silver mining and a large portfolio of exploration properties.

They said that buying stocks is a great business which can bring wealth for you and your family. You don't believe it look at Abcourt mines Inc. The Abcourt Mines Shareholders Have Enjoyed A Whopping 529% Share Price Gain. It's 529% higher than it was five years ago. If that doesn't get you thinking about long term investing, we don't know what will.

On top of that, the share price is up 132% in about a quarter. In the last 5 years Abcourt Mines saw its revenue grow at 34% per year. Even measured against other revenue-focussed companies, that's a good result. Arguably, this is well and truly reflected in the strong share price gain of 44%(per year) over the same period. Despite the strong run, top performers like Abcourt Mines have been known to go on winning for decades. On the face of it, this looks lke a good opportunity, although we note sentiment seems very positive already.

Here are the Highlights for the month of march:

•Second quarter revenues of $6.9M from the sale of 3,524 ounces of gold. A drop of 4% over the second quarter ended December 31, 2018.

•The average realized price of gold sold was C$1,949 per ounce.

•Net profit in the second quarter of $87K, compared to $237K in 2018.

•Adjusted net profit of $1M compared to $746K in 2018.

•Cash of $3.7M, an increase of 32 % over 2018.

•The Company has no long-term debt. It finances itself with its operating revenues.

If you're worrying about Abcourt Mines Inc. after the mandatory closure during COVID. I'll share some news that can make your worry go away. Abcourt mines is one of the first mines that operates after the mandatory closure during COVID. Now another good news is Sleeping Giant mine is progressing as planned and that the objective of producing some ore at the Sleeping Giant mine, at the end of September or the beginning of October is attainable. To date, more than $5M has been invested in this project and the Company was able to do that with the Elder mine cash flow. The Company is very proud to have realized this project without contracting any debt.   Rouyn-Noranda,Québec,Canada, September 29, 2020 Abcourt Mines Inc. (TSX-V:ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the“Corporation”), is happy to announce that the restart of mining activities after the mandatory closing due to Covid-19 was vigorous.

Thanks to the increase in the price of gold,the proceeds received from the sale of gold and silver for the first quarter (July to September 2020), should reach $7.5M CDN. This Is expected to be one of the best quarters since June 2018. During this quarter, Abcourt received a $725,000 in salary subsidy from the Federal government.

This subsidy and the substantial amount received from sales in the first quarter enabled Abcourt to increase its available cash from $1.96M on June 30, 2020 to $3.30M on September 28, 2020. Figures indicated above have not been checked nor audited by our independent auditors. With the sanitary measures put in place, no Covid-19 cases have been reported by our employee’s to-date. Being well capitalized and with a trustworthy and consistent source of revenues at the Elder mine, the Corporation Will use its available cash to extend its exploration drifts on the 4th, 10th and 11th levels of the Elder mine and proceed as fast as possible with the rehabilitation work and development at the Sleeping Giant mine. 

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