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Florida Canyon Gold Inc V.FCGV

Florida Canyon Gold Inc. is a Canadian junior gold producer with an asset in the United States. The Company’s principal operating asset is the Florida Canyon mine in Nevada. The Florida Canyon Gold Mine area is situated in northwestern Nevada within the Basin and Range physiographic province, which is typified by a series of northward-trending elongate mountain ranges separated by alluvial valleys. The Florida Canyon area is dominated by a major regional structural zone, termed the Humboldt Structural Zone, which is interpreted to be a 200-kilometer (km) wide north-easterly-trending structural zone with left-lateral strike slip movement.


TSXV:FCGV - Post by User

Comment by MikeySwooshon Jul 29, 2024 9:32am
92 Views
Post# 36152381

RE:RE:RE:Mexican business unit sale. A few Questions

RE:RE:RE:Mexican business unit sale. A few QuestionsNow that FCGV has been formally valued at C$95M via the Integra Resources offer, it's time for Alamos to step up and purchase the remaining 80.01% of the float, as per my previous post, but they can now pay a price significantly less than US$.99/share for it, and be the white knight.

Gold futures if Alamos were to try to lock in some cash flow:

https://www.cmegroup.com/markets/metals/precious/gold.quotes.html
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