RE:RE:FALCO Seriously UndervaluedIt is seriously undervalued because "in 2012, Falco Resources acquired one of Canada's most established VMS mining districts, the Rouyn Noranda Mining Camp, including the Horne Mine Complex area (birth place of Noranda in the 1920's) and 13 other former producers. Falco Resources has 100% ownership of 74,000 hectares of property, which represents 70% of the entire camp."
This is from the website.
https://www.falcores.com/English/home/default.aspx
Osisko Gold Royalties, Tocqueville and the Quebec government own substantial portions of it.
Horne 5 alone has the potential, now being proved up, to produce prolific amounts of gold, silver and base metals for an extended period.
The Horne 5 project fesibility study is now complete. The focus is now on permitting, developing and financing. Results confirm Horne 5 supports an economically viable,
robust, low-grade, high bulk tonnage underground gold mine targeted for 2019 with gold in 2021.
Go look for yourself.
https://s2.q4cdn.com/211529177/files/doc_downloads/Fact%20Sheet/2018/Falco_FactSheet_Mar2018_EN.pdf
Management is composed of such luminaries as Sean Roosen who has a record of enviable success in realizing returns for shareholders in Osisko and Luc Lessard. I also doubt Sean Roosen would be involved to this extent if he did not smell success here just as with Osisko. It was a cheap stock once, too, if you recall.
These observations are made at $1,300.00 gold. Think of the effect of $1,500.00 gold or higher. The sp has already beeb at almost $2.00 but is, as are the other quality junior golds, depressed by the crooked mms and their ilk. Those shenanigans will blow apart as the Au price rises.