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Bullboard - Stock Discussion Forum Finlay Minerals Ltd V.FYL

Alternate Symbol(s):  FYMNF

Finlay Minerals Ltd. is a Canada-based mining company. It is focused on the exploration and development of base and precious metal deposits in northern British Columbia. Its properties include Silver Hope Property, ATTY property, and PIL Gold Property. Its 100%-owned Silver Hope property covers approximately 213.11 square kilometers of ground surrounding the past-producing Equity Silver Mine in... see more

TSXV:FYL - Post Discussion

Finlay Minerals Ltd > Silver on fire! LOAD up Finlay, drill results = .28cent
View:
Post by pulcan on Jan 19, 2022 6:36am

Silver on fire! LOAD up Finlay, drill results = .28cent

hi all, Silver is on the move higher as we get close to $24 and head towards $25 an ounce. As China lowers rates and this metal is now becoming the eye opener for those who want the easy investment to start stacking but we are also an industrial metal also. Silver is starting to correct as indicated how the 1st QTR of 2022 is where the precious metals start to shine. Now looking into China lowring interest rates just made the US dollar stronger and not a good thing for the US.  Maybe this is putting pressure on them to increase rates as inflation is going higher.  China is sitting back and watching the music play on the US economy.  As Gregory Mannarino would say "Yellow Stain" has no choice to increase rates and they will do baby steps on the approach. Silver right a best buy investment and correcting. Use investing.com for the Silver prices in real time and also the China news on lowering interest rates.  LInk https://www.investing.com/commodities/silver .So for that how about drill results from Finlay Minerals? Well the timing is right as Silver makes a move now and we can see our first new release this week on Silver Hope. So keep an eye out for the news release on the home website for Finlay.   The BID VS ASK is holding well and we do have a rating of .28 cents from morning star.  If Silver makes a new high past $25 an ounce before Friday this is bullish for next week as we can test close to $30 an ounce. Remember the last 5 years Silver has been manipulated under $30. The higher the better for us as we wait for drill results.  Also check out Silver Bull Resources stock ticker SVB....this junior is on my radar also!  I do not own shares yet.  So for the morning star rating and share prices see below and good luck today.

Analyst Research and Ratings

FYL has outperformed its Metal Mining peers over the last three months and over the past year.

 

Morningstar Rating 3 stars out of 5 starsQ
Quantitative Valuation Under Valued
Fair ValueQ 0.28 CAD
Last price as of
Jan 18, 2022
-- CAD

 

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
1,000 shares
1,000 0.090
 
20,000 shares
20,000 0.085
 
72,000 shares
72,000 0.080
 
5,000 shares
5,000 0.075
 
5,000 shares
5,000 0.070
 
125,000 shares
125,000 0.065
 
104,000 shares
104,000 0.060
 
104,500 shares
104,500 0.050
 
8,000 shares
8,000 0.030
 
100,000 shares
100,000 0.015
Level two quotes - Ask
Ask Price Number of Shares
0.100 46,000
 
46,000 shares
0.110 80,000
 
80,000 shares
0.115 66,000
 
66,000 shares
0.130 13,000
 
13,000 shares
0.135 12,000
 
12,000 shares
0.140 12,000
 
12,000 shares
0.145 12,000
 
12,000 shares
0.150 147,500
 
147,500 shares
0.160 10,000
 
10,000 shares
0.170 5,000  

 
Comment by CheckingReality on Jan 19, 2022 11:16am
I admire your enthusiasm however news about last year's drilling is slow in coming. Great results would or should have come out by now especially with the strong uptick in silver price. Hope I'm proven wrong as FYL has a good story. 
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