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First Mining Gold Corp T.FF

Alternate Symbol(s):  FFMGF

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

Post by blessings20on Dec 20, 2020 11:52am
434 Views
Post# 32149102

My 2 cents

My 2 centsI can understand Frank's frustrations. He has a lot invested & has been in this stock about as long as I have. I am 72 years old & still work in a machine shop to keep my head above water. I listen to every utube that First Mining puts out & personally I think Dan does a very good job at telling us what is going on. First Mining is my biggest investment so I am always trying to weigh the pros & the cons. Recent Cameron project seem to have come out of nowhere on me so I do not know what to think about that one. I look at cash on hand. Looks good. I look at who is the Chairman & founder  of First Mining , Keith Neumeyer. He is also the CEO & Founder of First Majestic. As far as I am concerned we have a big guy with his hands in the company already. Keith made a deal of buying 1/2 the silver rights at SpringPole for about 23 million. I think that is amazing. Even though he is the CEO of First Majestic I would think he has a board of directors to go through on that one. He has to be very positive on SpringPole to have done that. I have concerns about it being under a lake & have tried to look at that carefully . It is a shallow bay & in past I asked if there were any currents &  they reasured me there is none.  Analysis. still have a low target of 1.20 & high of 1.45. Personally I think for 2021 we can expect more than a double . In the next few years I do not see a 10 bagger but I think a 5 bagger is not out of reach. I was humming & hawing about which stock to jump into. I chose First Mining because they already knew what they had in SpringPole. My other choice was SilverOne. Guess I should of chose SilverOne. I did buy some & right now have almost a triple on it. Dan says that Spring Pole can produce about 400 thousand OZ a year. I was looking at an other project that the stock jumped up quite a bit & they were happy to say their project could do a 100 thousand oz & just maybe 120 thousand oz a year. Dan also was sharing that they are in the process of trying to do something with their Quebec & Newfoundland properties. It is in my opinion that we should see good things happening in the New year. Wish you a very Merry Christmas & a prosperous New Year.
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