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Founders Metals Inc V.FDR

Alternate Symbol(s):  FDMIF

Metals & Mining Gold
Founders Metals Inc. is a Canada-based exploration company operating in North and South America. The Company is focused on acquiring and advancing gold projects in the South American Guiana Shield. Its flagship project is the Antino Gold Project, which covers 20,000 hectares (ha) in Suriname. Antino Gold Project is a resource definition stage gold exploration project located in southeastern Suriname, within the Guiana Shield Gold Belt. The project is approximately 275 kilometers (km) from the capital city of Paramaribo and is accessible by air to the Antino Camp airstrip or by barge along the Maroni/Lawa River bordering French Guiana. The project covers an area of alluvial and small-scale saprolite open pit gold mining with approximately 500,000 ounces (oz).


TSXV:FDR - Post by User

Founders Metals Inc > FDR: Fine-tuning a resource estimate & price target
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Comment by Daugaardon Jan 10, 2024 6:23pm
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Post# 35820458

RE:FDR: Fine-tuning a resource estimate & price target

RE:FDR: Fine-tuning a resource estimate & price targetGreat valuation... I have no better estimates.
I am more optimistic about the price per oz. 10% of goldprice is actually only half the avarage of takeovers historic. 200 usd/oz would be a conservative takeover price for this amazing district. imo
I know the numbers, and thats hard to believe :)

I read every single word you post and enjoy it very much..

sorry if my English is a little pretzel, I live in Denmark
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