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Founders Metals Inc V.FDR

Alternate Symbol(s):  FDMIF

Founders Metals Inc. is a Canada-based exploration company focused on advancing the Antino Gold Project located in Suriname, South America, in the heart of the Guiana Shield. The fully permitted Antino Gold project covers over 20,000 hectares (ha) with historical production of over half a million ounces of gold. The Antino Gold Project is a resource definition stage gold exploration project located in southeastern Suriname, within the Guiana Shield Gold Belt. The project is approximately 275 kilometers (km) from the capital city of Paramaribo and is accessible by air to the Antino Camp airstrip or by barge along the Maroni/Lawa River bordering French Guiana. The Project covers a significant area of alluvial and small-scale saprolite open pit gold mining with approximately 500,000 ounces (oz).


TSXV:FDR - Post by User

Post by 68Charger1on Jul 11, 2024 4:29pm
118 Views
Post# 36129083

FDR odds and ends

FDR odds and endsMy thanks to regular poster Excel for his direct investigation of the state of FDR’s investor relations page.  Future online updates of FDR Corporate Presentation to be done monthly!  Our Katie Mackenzie confirmed again as highly competent.   And, in an ideal bonus, Ms. Mackenzie now also confirmed as a genuine, decent human being.

Yes, I am sure our share price can rise without nice people running our explorer. Just ask numerous rich investors in multiple different tech companies.  But why not build a positive experience for everyone involved during our brief, double-time march to buyout?

Speaking of which, a drill bit is now officially turning at Buese.  Results… on or before August 15 maybe?  (My own estimate.)  And how might that affect our share price while we wait?

I was wrong about my expected continued upward momentum to $2.50 by the end of June.  And we still sit just over $2.00. That’s the bad news.
 
The good news?  We still sit just over $2.00.  It is no small feat to have broken through a major psychological level and (mostly) held our new ground.
 
If you agree with the charting interpretation of another of our CEO.ca forum’s strong contributors, Tin, FDR has a transformative summer and fall lined up.  I can’t say I am much familiar with the deeper levels of the charting arts, but when the trendlines confirm the predictions of a solid fundamental analysis, what’s not to like?

Finally, the gold price finally came roaring back today.  Plenty of geopolitical uncertainty giving us reason to believe it will hold above $2,400 on its fourth try.  That chart looks very promising too.

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