Founders Metals Inc V.FDR

FDR and the news deluge

[68Charger1]

The deluge upcoming, that is.  If I read Colin Padget’s latest bulletin correctly, we’ve still got three separate drill results coming from three separate zones – and all before Dec 31st. 

That’s exactly 39 days from now.  Take out the US Thanksgiving and the Christmas break leading up to New Year’s and that leaves barely four weeks to fit them all in.

Results coming from Upper Antino, Buese… and… a “new zone”?  Did Colin mean Lower Antino?  At first I assumed he did, as maybe it is not fair to yet consider that a fully formed zone after only three holes (albeit one of which was quite beautiful).

Or does he mean some fourth, as of yet unsampled zone?  There are hints of such a development from the information flow, though I forget now exactly from which interview / news release / BB posting I gleaned that.

And does this mean our new fourth drill rig is already turning?  Colin has been good at under-promising and over-delivering so far.  Or maybe it is just some pending analysis of auger work / channel samples from a previously un-sampled area.  Those kind of data sets work nearly as well at advertising just how great FDR has become.  So many questions.

Meanwhile, I was clearly a little off in my own optimism that we’d be at $8.00 per share by now.  And I do not blame the short-lived mini-swoon in gold prices.  But I still think the collective impact of three consecutive assay reports landing in our inboxes over the next month will break open pure blue sky for our share price before 2025 arrives.

When the question is no longer “which week will we see news?” but rather “which week will we *not* see news?”, the buying appetite for Founders simply has to increase.  And maybe the week empty of drill assays will itself bring news of a massive expansion of our property?   And a nice indirect underscoring of the value of our project.

I do get nervous about recent news from Russia / Ukraine.  But as someone whose views I respect a great deal said this morning, we’ve never been farther from World War III, despite appearances.  And, dispassionately, I must admit that is exactly how to view such a danger.  Not much you can do to position your life (let alone your portfolio) to avoid the rapid fallout of such an event, no pun intended.  So why sell FDR due to an unrelated fear?

Despite its (geopolitical fear-induced?) move this week, Gold may never post a new high before we’re bought out.  Which, as I’ve previous mentioned, may make no difference to our final share price, on balance.
 
In any case, who can point to a gold explorer with better ongoing appeal than our beautiful Founders?  Sit back and take in the show, everyone.  We’re definitely getting our money’s worth.  And then some.

[Buck65]

always look forward to reading 88 chargers comments....nothing like having good knowledgeable,uplifting news.  thanks for that

[Buck65]

oooops should have used my glasses.  68charger

[68Charger1]

I appreciate the kind words, Buck.  Uplifting and knowledgeable is what I aim at when I write these postings.  And it’s not hard to be positive when talking about this fun stock.