Post by
bailey2 on Jul 28, 2020 10:44pm
Agnico Takeover
It is silly. If Falcon confirms that they have almost half a billion dollars of gold already in the ground, 230 k oz's at 9.9 grams. ( historical unmined) and with Agnico already trading at 100 dollars per share and printing money, it only makes sense that they take out Falcon Gold to compliment the Hammond Reef project, next door. The purchase of the extensive land postion near the Hammond Reef project last week by Falcon Gold was a thing of beauty. Have to understand. All the infrastructure is already in place. Friendly mining town of Atikokan. Great road system.If drill results confirm the high grade oz's and continuation of the ore body, Falcon Gold may not be around much longer. Or...... it could easily go to a dollar. Let the good times roll. glta
Comment by
MrDales62 on Jul 28, 2020 11:01pm
Well, if there is a takeover, I would want a market cap over $150 million. (Please see T.FVL) This is assuming the pending results point to a growing, high grade deposit. Plus, we have over properties as well, which I would like to see spun out to International Montoro. Can't wait to see the next holes :)