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Fabled Silver Gold Corp. V.FMK.P


Primary Symbol: V.FCO

Metals & Mining Industrial Metals & Minerals
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

Fabled Silver Gold Corp. > Thoughts
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Comment by Doozeron Jul 15, 2022 9:28am
107 Views
Post# 34826626

RE:RE:RE:Thoughts

RE:RE:RE:ThoughtsPayments to GMC are on the horizon for the lands; $1million dollar payment due in December, + subsequent 250k/quarter in 2023.   

payment schedule

Existing cash on hand + the minor PP are enough to support 3000m of drilling + satisfy the 1m payment in December, but after that things are tight.  

Personally, I think this is a good hold and the SP will jump once a new 43-101 resource report is prepared and released after this current phase of the drill program. 
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Dealroom for high-potential pre-IPO opportunities