First Mining Gold Corp T.FF

Alternate Symbol(s): FFMGF

Metals & Mining Gold

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.

TSX:FF - Post by User

First Mining Gold Corp

Bullboard Posts

Comment by MiningGuy23on Jun 01, 2017 3:01pm

506 Views

Post# 26312759

RE:How many more shares to go?

The GDXJ currently owns a 10-15% stake in First Mining Finance and estimates are indicating that VanEck will be reducing their position by 50% in order to redeploy capital. This sell off hype has already provided an opportunity for a low entry point into First Mining Finance, but it is likely the price will decline further when VanEck sells off ~50% of their position which is equivalent to 5-7.5% of First Mining Finance's outstanding shares.

So, yeah still a significant amount of selling to go. Probably still have to sell in the neighborood of 20 M shares.....

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions