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First Mining Gold Corp T.FF

Alternate Symbol(s):  FFMGF

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.


TSX:FF - Post by User

Bullboard Posts
Comment by MakeCoinon May 15, 2020 12:03am
284 Views
Post# 31031343

RE:Springpole.....

RE:Springpole.....

@ernesto I agree and I suggested the same to Keith N last year.  Create a separate company involving Springpole only. Keep First Mining and sell off most of the non-core assests, minus one or two winners, and move forward with them and Goldlund. The new Springpole company would be easy to finance and a mine could be up and running in 2-3 years. 

The market realizes that FF has too many cookies in the jar with all these projects and no amount of promos or drill results will move this. Its next to impossible to put a value on this company with all the fluff and no direction or vision. Especially with 700 million outstanding.

My fear is they keep standing around and we will miss this current run in the gold price. Then, we are talking 20/1 reverse split and more and more dilution. I think Wilton may be in over his head in this spot. I have a million shares as well at a much higher price than this. 

Bullboard Posts