Seems familiarMurman makes some good points, while those who fire back at him resort to name-calling and similar ad-hominem attacks.
I own no First Mining, but considered it in the low .30s (U.S.). I determined that the projects do have ounces in the ground, but those ounces are very likely to stay in the ground unless gold absolutely skyrockets. And, if that happens, there are less risky ways to make big bucks.
Yes, the share price is up from when I considered buying, and some here would say that means I'm a moron. But stocks can levitate for various reasons, ranging from outright fraud (Enron) to poor execution (Evolving Gold -- lost a ton on that one, but I consider it paying the tuition to learn to do more of my own research).
My point is: Please have the intellectual honesty to respond with facts to someone who questions your investing thesis. Name-calling and opinions don't meet the standard of refutation. Resorting to the gutter says more about you than the person you would seek to discredit.