Finlay Minerals Ltd V.FYL

Alternate Symbol(s): FYMNF

Metals & Mining Industrial Metals & Minerals

Finlay Minerals Ltd. is a Canada-based mining company. It is focused on the exploration and development of base and precious metal deposits in northern British Columbia. Its properties include Silver Hope Property, ATTY property, and PIL Gold Property. Its 100%-owned Silver Hope property covers approximately 213.11 square kilometers of ground surrounding the past-producing Equity Silver Mine in the prospective Skeena Arch region of central British Columbia. Its 100%-owned ATTY property covers approximately 44.98 square kilometers of sub-alpine terrain in the southern Toodoggone region. Its PIL-Gold Property covers approximately 170 square kilometers of highly prospective ground in the Toodoggone mining district of north-central British Columbia. The PIL Property is 25 km northwest of the former Kemess South Mine and property and is 15 kilometers (km) east of Benchmark Metal’s Lawyer’s Project. It also owns SAY Property, which comprises 18 mineral tenures totaling 10,587 hectares.

TSXV:FYL - Post by User

Finlay Minerals Ltd

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Comment by Power4Playon Nov 12, 2017 12:52pm

189 Views

Post# 26947583

RE:This should be trading at 30-50 cents

Let say NNA results come out to be comparable to what FYL got by the past, and assuming those results are what the market was wishing for, then let do the math with NNA at 4$ a piece.

NNA 13 million shares x 4$ = 52M$ market cap.

FYL for 52M$ market cap divided per 72M shares, then we get 0,72$ in Share price.

NNA 100M$ market cao, fully reachable, for similar results, then FYL 1,44$ per share.

All this would imply the same resources quantity indeed. We know FYL has many identified pits on Silver Hope, maybe we have an Alibaba ´s cave...

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