Post by
winr88 on Jan 09, 2023 11:45am
compare FKM to explorers in the 8 cent range or higher
Newfoundland gold NEWD 6 cents with no discovery at all. Many many more in the 6 to 10 cent range with no gold and only talk.
Labrador gold LAB 27.5 cents with a minimal discovery. Mostly 1 to 2 meters of 30 grams per ton or less but low volume. Much much more required before anything close to a deposit.
Focus FKM 8.5 to 9 cents with a 43-101 coming soon and in my calculation over 2 million ounces maybe indicated at Hendrick alone. Which has the best value???? Already have 240,000 oz indicated
Sorry for the previous blank posts. They appeared to paste but Stockhouse would not complete them.
Comment by
99942Apophis on Jan 09, 2023 12:34pm
Do you feel FKM will get their 43-101 this year 2023 or in a few years? Do you know of any majors that are in talks with FKM? Thanks
Comment by
99942Apophis on Jan 10, 2023 5:35pm
Ok for what I'm seeing here and what has been reported by this company you would think the share price would be much higher especially when there will be a 43-101 within a fortnight. Blimey, right now high teens to low thirties is where this should be trading, could be penny flippers have kept this one down and killed the goose.
Comment by
winr88 on Jan 10, 2023 6:01pm
I can't say a fortnight till reporting 43-101 as the prediction is always an estimate but the statement I read was "Late 2022 or early 2023 for the 43-101 to be released. I read that as January.
Comment by
99942Apophis on Jan 10, 2023 6:12pm
You're spot on there, might see it even go to month end which will give me more buying time. I also don't see a lot of readers on this board which is a bigger plus to pick up on the cheap side, thanks bud.
Comment by
frbosse1 on Jan 11, 2023 12:48pm
2012 43-101 Resource assessment had 125,000 ounces in the Morris area and GP sector 260,000 ounces. Management seems to be confident that there could be between one and two million ounces. (From EllisMartin Apr 2021)
Comment by
winr88 on Jan 11, 2023 5:53pm
Thank you for your info frbosse1. I have never seen or heard of a 125,000 oz resource assessment in the Moriss zone. Is it possible you can post a link to that info? Thank you