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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 2:37pm
80 Views
Post# 32438613

RE:RE:RE:RE:RE:If silver goes to $1000 per ounce

RE:RE:RE:RE:RE:If silver goes to $1000 per ounce35 cents would mean a market cap of $81 million assuming 100% warrant exercise.  (240 million shares times 35 cents as shown on Sedar).   That would price it twice as high market cap wise as silver stocks that already have 35 million ounces of high grade silver proven up nearby.    That's the main problem here limiting upward movement,.   You are ignoring the share structure and the reason for the high volume today.    Again, not trying to discount the drill results, as they may very well be outstanding, but just stating reality.   

Will they eventually be able to prove up 50 or 100 million ounces that would allow for a 100 million or more market cap?   Perhaps, but not with their current drill program. 
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