Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Fabled Silver Gold Corp. V.FMK.P


Primary Symbol: V.FCO

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world.


TSXV:FCO - Post by User

Comment by gold_strikeon Feb 01, 2021 10:32am
82 Views
Post# 32435798

RE:RE:NEWS ;

RE:RE:NEWS ;Commenting on post :

"News will come by next week, and I have a good feeling it'll be very positive.  I believe silver will maintain the $28 an ounce and higher going forward and if the drill results are what we all hope it would be, this stock will easily reach $1 or higher."

Did you do your due diligence such as outstanding warrants?



https://fabledsilvergoldcorp.com/site/assets/files/4688/fabled_silver_gold_corp_-_corporate_presentation_-_january_27-_2021_1.pdf

Page 4...when you add the outstanding warrants to the number of shares you get 240 million shares for this stock assuming they are exercised.  

This to me is the main hindrance to the share price rising a lot. 

Not trying to burst anyone enthusiasm, just stating facts.

But your saying a stock with currently just over 4 million ounces silver  defined (page 10) will achieve a market cap of $240 million ($1 a share) if the next drill results are good, again, assuming all warrants are exercised?          
<< Previous
Bullboard Posts
Next >>