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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 18, 2024 3:02am
84 Views
Post# 35937728

RE:RE:RE:RE:Fair value

RE:RE:RE:RE:Fair value Sure there is always risk and its up to each one of us to determine if we have what it takes to tolerate it. My strategy with these stocks have always been the same. Look for the people who are the best and successful in the industry, and invest with them. If suddenly insiders stopped buying or started selling FF, then I would probably know the end is near. But actually they have been doing the exact opposite. Remember that Dan stated to me that his family's net worth is significantly tied to First Mining. Would the man really gamble his family's financial future on a complete longshot he really had no confidence in succeeding? Or would Keith be buying more shares every month, aiming for 50m shares in a company he thought had no future? My thinking is that they do know this company has a very good chance of becoming something big. The main issue (as I see it) is that miners are inherently very volatile both to the upside and to the downside. This draws a lot of inexperienced retail investors into the space and they are sadly not well equipped to handle the volatility. They also have zero patience to wait these things out. If you plan to trade these stocks I would say 99% of people will lose money that way. The only way to do this -  in my opinion - is to pick the best stocks with the best asset + management teams and then just let time do the rest. Remember also that Rick Rule, one of the successful investors in this space, has stated many times that he never made a 10 bagger or more without the stock first dropping 50% or more. It's just the nature of this business.
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