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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

Comment by eatmorefiber2on Sep 23, 2024 3:27pm
54 Views
Post# 36236979

RE:RE:RE:RE:RE:FDR & the Argentis Report: Drinking from a firehose

RE:RE:RE:RE:RE:FDR & the Argentis Report: Drinking from a firehoseI understand. Other than being overbought, I can't reconcile why we corrected as much as we did especially when PoG was blasting through $2500 USD.

Oh well, we will see what happens next if/when another series of RSUs are granted.  Hopefully never.

As for g-m, I'm not a geo, so I don't purport to understand how this metric should be evaluated relative to all the other qualitative and quantative metrics. Honestly, I rather have medium grades, but consistent, at surface, and broad intervals. 

To me, I'm hoping for Buese to hit something like 20 grams over 30 meters, that meets your 600 g-m. I rather see that than 200 grams over 3 meters. I mean, that's what NFG got today, and the market is not impressed. Consistency, and over a 15 kilometer strike. Reminds me of Great Bear, which was only over 4 km, I believe, across the LP fault/Dixie. 

I can't even imagine what 20 over 30 across 15 kilometers would mean.... Maybe $50 per share? :) 

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