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Fabled Silver Gold Corp. V.FMK.P


Primary Symbol: V.FCO

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.


TSXV:FCO - Post by User

Comment by PunkRockyon Jun 05, 2021 5:33pm
106 Views
Post# 33336493

RE:RE:RE:It will take time

RE:RE:RE:It will take time If memory serves,I remember Peter saying an estimate of about 5 million ounces before the current drilling program started alone. More silver mineralization has been discovered since then as things move along and connsidering the price of silver continues to move in an upward direction (forecast to keep rising as well) and the fact that gold is also now becoming a pleasant interesting factor in the recent drill results on the property, the next 3 months will be exciting for the remainder of the drill program.  When asked in a previous interview about what Peter thinks is at the property in ounces.... he thinks there could be 50 million ounces. Conservatively speaking, with today's silver prices. I would say a 5 to 7 dollar share price. Gonna wait and let Peter do his job. ;)

Cheers!
PR

CafeCuban wrote: Based on assay reports thus far, is there a guesstimate for silver ounces in the Santa Maria property? Agree that the latest reports ( holes 14 and 15) are promising, hoping similar results for rest of summer. GLTA!


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