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NewswireTODAY - /newswire/ -
New York, NY, United States, 2007/11/06 - Precious Metals Review of Abcourt Mines, Inc, offering insight and opportunity afforded investors as Abcourt progresses towards taking the open pit Abcourt-Barvue Silver-Zinc Project back into production and analyst issues recommendation.
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Precious Metals Review of Abcourt Mines Inc. (TSX VENTURE:ABI) (OTCBB: ABMBF), offering insight and opportunity afforded investors as Abcourt progresses towards taking the open pit Abcourt-Barvue Silver-Zinc Project back into production and analyst issues recommendation investment opinion.
Excerpts:
“Now is the Time to Consider Abcourt… A recent analyst report 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 valued at over one billion US dollars which the Company's independent feasibility report indicates as economically mineable with a 13 year mine life. This one project alone is significantly discounted with the market capitalization of Abcourt Mines Inc. under CDN$20M; Abcourt Mines has 278,830 metric tons of zinc resources and 19,644,354 ounces of silver at the Abcourt-Barvue project, they also have 198,744 ounces of gold at it's Elder Gold Project. Additionally Abcourt Mines owns an existing mill and equipment which estimated value exceeds its current market-cap. ...The Analyst provides a compelling risk-reward picture for inventors, explaining how Abcourt will realize a multiple expansion (p / Zn equiv.) 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."
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL.
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Contact: Marshal Dixon
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