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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 minefanon Sep 20, 2024 7:55am
72 Views
Post# 36232616

RE:So much dilution

RE:So much dilutionNobody likes dilution but for a company like this one with Mega works in play and active drilling on multiple properties at once,  that burns cash.

Hopefully this is the last dilution before a realistic valuation occurs.

Recent interviews touched on the subject on a new cash inflow requirement so I for one was not too upset by this news.

A year from now with some luck this will be a distant memory.

I would bet more on the likelyhood that a major is eying some of these properties as we speak.

Regardless, I have waited almost 9 years so what is another year when we have this much going for us now.


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