Post by
blessings20 on Dec 20, 2020 11:52am
My 2 cents
I can understand Frank's frustrations. He has a lot invested & has been in this stock about as long as I have. I am 72 years old & still work in a machine shop to keep my head above water. I listen to every utube that First Mining puts out & personally I think Dan does a very good job at telling us what is going on. First Mining is my biggest investment so I am always trying to weigh the pros & the cons. Recent Cameron project seem to have come out of nowhere on me so I do not know what to think about that one. I look at cash on hand. Looks good. I look at who is the Chairman & founder of First Mining , Keith Neumeyer. He is also the CEO & Founder of First Majestic. As far as I am concerned we have a big guy with his hands in the company already. Keith made a deal of buying 1/2 the silver rights at SpringPole for about 23 million. I think that is amazing. Even though he is the CEO of First Majestic I would think he has a board of directors to go through on that one. He has to be very positive on SpringPole to have done that. I have concerns about it being under a lake & have tried to look at that carefully . It is a shallow bay & in past I asked if there were any currents & they reasured me there is none. Analysis. still have a low target of 1.20 & high of 1.45. Personally I think for 2021 we can expect more than a double . In the next few years I do not see a 10 bagger but I think a 5 bagger is not out of reach. I was humming & hawing about which stock to jump into. I chose First Mining because they already knew what they had in SpringPole. My other choice was SilverOne. Guess I should of chose SilverOne. I did buy some & right now have almost a triple on it. Dan says that Spring Pole can produce about 400 thousand OZ a year. I was looking at an other project that the stock jumped up quite a bit & they were happy to say their project could do a 100 thousand oz & just maybe 120 thousand oz a year. Dan also was sharing that they are in the process of trying to do something with their Quebec & Newfoundland properties. It is in my opinion that we should see good things happening in the New year. Wish you a very Merry Christmas & a prosperous New Year.
Comment by
diabase1 on Dec 20, 2020 12:38pm
Well said Blessings 20. I've been in FF since the Gold Canyon days and will hold until it hits $5+. And Dan will get the job done for us shareholders.
Comment by
Buddywiser on Dec 21, 2020 1:44pm
I agree...Dan is on it. Only way to support is to buy at this price and support the direction with patience. Long and strong while the business plan unfolds. Stay well...