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Frontline Gold Corp V.FGC.H

Alternate Symbol(s):  FLDPF

Frontline Gold Corporation is a Canada-based junior mineral exploration company. The Company's properties include the optioned gold projects in the Red Lake area of Ontario, Cameron Lake Gold Project (Ontario), the Portage River Gold Project in the Abitibi Region of Quebec, the Confederation Lake Project which is approximately 60 kms east of the Red Area and the Menderes gold project in the Izmir province of Western Turkey. The Company’s other Canadian exploration properties include other gold property groups in Ontario and include the Whitehorse Island Mining Patents. In addition, the Company has a large NSR package on about four separate gold property groups in Red Lake, which are presently under option for Pacton Gold. The Cameron Lake/Flint Lake Property is located in the Rainy River area, Ontario. The Copperlode Property lies within the Confederation Lake Greenstone Belt 40 to 60 kilometers southeast of Red Lake, Ontario.


TSXV:FGC.H - Post by User

Post by rockhead7on Jan 03, 2021 12:09pm
236 Views
Post# 32211536

History with FGC

History with FGCYes, I was a significant shareholder in Merrex that spun out FGC 10 years or so ago.  After the spin out I put 6 figures into the first private placement-OUCH.  But, like you, I am grateful that management has stuck with it and kept it going.  A lot of juniours from that era have disappeared. Walter has kept plodding forward like the proverbial energizer bunny.  I remind myself that back in the early days we were very encouraged by how close ELD was drilling to the propery line.  Nowadays that adjacent property is a shining star for ELD, pumping out Au in a safe predictable stream. I continue to think that at least a toenail of that deposit is on our side of the line! I continue to hope to hear soon about progress on the taiings ponds in Turkey.  Do not qoute me on this as it has been a lot of years but as I recall those ponds potentially represented about $16MM US in profit-back when copper was $2/pound-what are the economics with copper at $3.50?  And let us not forget about the recent acquistions in Canada, specifically in Quebec-a very mining friendly jurisdiction.  As a broker I used to love doing the economics of FT shares for clients, 100% WO plus a 15% tax credit-in Quebec its even better with an additional healthy TC from the province-as we used to say about Dome Pete in the early 80s-"they can make money drilling dry holes"  As you say, we have a lot of irons in the fire and it appears we are about to start seeing some results!  GLTA
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