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Falcon Gold Corp. V.FG

Alternate Symbol(s):  FGLDF

Falcon Gold Corp. is a Canada-based mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. Its flagship project, the Central Canada Gold Mine, is approximately 20 kilometers (km) southeast of Agnico Eagle’s Hammond Reef Gold Deposit. The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico Fault Zone (QFZ). It holds multiple additional projects: the Viernes and Area 51 Gold/Silver/Copper projects are located in Antofagasta, Chile; the Springpole West Property in Red Lake mining camp; a 49% interest in the Burton Gold property with Iamgold near Sudbury Ontario; the Spitfire-Sunny Boy; the Great Burnt Copper Project, and Golden Brook projects in Central Newfoundland; and battery metals projects, Timmins West Nickel-Copper-Cobalt Property Ontario, Outarde Nickel-Copper-Cobalt Property, HSP Nickel-Copper property in northern Quebec and the Havre St. Pierre Anorthosite complex.


TSXV:FG - Post by User

Comment by Iwant2Retireon Mar 10, 2022 6:05pm
500 Views
Post# 34504766

RE: Please Start Drilling

RE: Please Start Drilling
Hey Buckwheat. I was considering buying in but after watching interviews with the CEO and reading the news, this is not a mining company.  It is a property holding company.  All they want to do is sell to the highest bidder and it won't be for spectacular prices.

They don't want to borrow money to increase drilling.  They want no joint ventures. The market cap for a company that seems to have so much potential is dismal. The only way shareholders could possibly get a return on their investment is if Falcon commited to prospecting and there isn't one executive on the board that would even know where to start.

I'm passing on this one.
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