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First Mining Gold Corp T.FF

Alternate Symbol(s):  FFMGF

First Mining Gold Corp. is a Canada-based gold developer advancing two of its largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario and the Duparquet Project in Quebec. The Company also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests, including the Pickle Crow Gold Project (being advanced in partnership with FireFly Metals Ltd), the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.), and an equity interest in Treasury Metals Inc. The Springpole Gold Project covers an area of about 41,943 hectares (ha) in northwestern Ontario, and consists of 30 patented mining claims, 282 mining claims and thirteen mining leases. The Duparquet Gold Project is located immediately north of the town of Duparquet, which is approximately 50 kilometers (km) northwest of Rouyn-Noranda, Quebec. The Pickle Crow Gold Project is located in the mining jurisdiction of northwestern Ontario, Canada.


TSX:FF - Post by User

Comment by masah88919on Mar 08, 2024 12:46pm
69 Views
Post# 35923040

RE:Millions sold

RE:Millions soldThere were lots of shares coming to the market from the Duparquet deal and those shareholders had held the project for almost 50 years. I understand that a lot of these people sold their shares to the market because most of them were already quite old and this was the first time they actually got any money out of their company they had held for a VERY long time. Keith talked about these people selling their shares into the market and that was at last one major driver that made the share drop a lot in the last year or so. Keith said he is trying to scoop up these shares as much as he can, but there were 60 million shares issued to buy that project so there might be a few of these shares still coming into the market. Other than that I think it's just mostly retail investors buy and selling within months because most dont have the patience or mentality that is needed to invest in these kinds of stocks. I'm also doing my best to clean up these shares coming from "weak hands". The mores shares we get into strong hands the faster the share will eventually recover when the supply gets thight and they will get the permits.
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