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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 > NEWS out ,we have drill results, Silver + Copper, =.25cents
View:
Post by pulcan on Jan 20, 2022 7:34am

NEWS out ,we have drill results, Silver + Copper, =.25cents

hi all,  nice start to the year and we have Silver and Copper in our first batch of drill results on Silver Hope.  We have intersections as high as 1% + on Copper and Silver was double digits and this is what we want.  The best part these are all shallow depth holes and geting ready for another drill program already. What a very nice hole to start the year over 70m and nice grade of Copper. Best part is all holes came in from the labs and Finlay Minerals delivered the news all at once!  These are the facts comng from this Junior that has a great start to the year and nice resutls. see news below from Reuters and the link to the site. 

see link to site for all the data,  so enjoy the read...

https://finlayminerals.com/news/2022/jan-20-nr-pdf-file/

This stock can now correct to a higher value and confidence in management knowing they own 100% ownership and have the backing of the finanical investment for good partners. 

Highlights:


  • All nine holes intersected significant mineralization, however, three drill holes in the Gaul Zone of the Main Trend intersected shallow depth, Cu-Ag-Au mineralization, across appreciable widths, which correlates well with previous Finlay drilling. (CLICK  HERE to view the drill hole location map of the 2021 and previous Finlay programs).
     
  • SH21-09 intersected 76.57m (from 80.23m) grading 0.45% Cu, 14.6g/t Ag, and 0.14g/t Au (0.68% Copper Equivalent (CuEq*), including 32.07m (from 123.00m) grading 0.86% Cu, 26.1g/t Ag, and 0.21g/t Au (1.21% CuEq*). (CLICK HERE to view the cross section of SH21-09).
     
  • SH21-08 intersected 133.00m (from 32.00m) grading 0.30% Cu, 7.6g/t Ag, and 0.03g/t Au (0.41% Cu Eq*), including 57.23m (from 107.00m) grading 0.51% Cu, 13.8g/t Ag, and 0.06g/t Au (0.71% CuEq*).
     
  • SH21-07 intersected 121.99m (from 21.10m) grading 0.23% Cu, 5.1g/t Ag, and 0.03g/t Au (0.30% CuEq*), including 68.40m (from 21.10m) grading 0.29% Cu, 6.6g/t Ag, and 0.03g/t Au (0.37% CuEq*).
     
  • The Hope Zone drilling (3 holes) intersected multiple shallow high-grade Cu-Ag-Au intervals including SH21-01 which intersected 0.70m (from 90.00m) grading 1.14% Cu, 626.0 g/t Ag and 0.09 g/t Au (6.51% CuEq*).
     
  • The Superstition Zone drilling (3 holes) intersected multiple shallow high-grade Cu-Ag-Au intervals including SH21-04 which intersected 0.43m (from 88.17m) grading 0.32% Cu, 62.8 g/t Ag and 0.21 g/t Au (1.03% CuEq*).
     
  • Planning is currently underway for a 2022 drill program on the Equity East, Allin and Gaul Zones.
 BID vs ASK is below as the market is still asleep.....

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
 
20,000 shares
20,000 0.070
 
125,000 shares
125,000 0.065
 
184,000 shares
184,000 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 41,000
 
41,000 shares
0.110 105,000
 
105,000 shares
0.115 74,000
 
74,000 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
 
5,000 shares
Comment by kh231 on Jan 20, 2022 9:06am
FANTASTIC NEWS and DRILL RESULTS!!! We should have BLAST-OFF today, get over 20 cents at least! It's been a LONG TIME COMING!
Comment by kh231 on Jan 20, 2022 9:33am
..... WHERE IS EVERBODY?!?!  At market open, we have NO trades, and Bid/Ask still at 8.5-10 cents. SHEESH!!!  Maybe nobody really knows about FYL?!?  At least it's a great time to buy more!
Comment by CheckingReality on Jan 20, 2022 2:29pm
Where is everybody? They are bailing because the results did not match market expectations.  Won't be buying more right now.
Comment by kh231 on Jan 20, 2022 2:38pm
I guess so. SHEESH!!!
Comment by CheckingReality on Jan 20, 2022 4:10pm
The results are decent but the market wanted better. Finlay will need to do more drilling and/or make deals on their other properties. Lots of drill potential for 2022 in large untested zones. Other players with good stories like IZN, GCN. Little to no drilling, good potential and cheap.  GTLA.
Comment by alkyd on Jan 20, 2022 7:56pm
got to have better grades,these are low grade not close to being economical,thus the sp
Comment by MGRVSAZX on Jan 26, 2022 9:09am
More news to come or it's a dead stock again until 4-6 month?
Comment by CheckingReality on Jan 26, 2022 10:17am
Results weren't great. Unless further news is coming it is likely a dead stock for a while. So much for loading up the truck!! 
Comment by alkyd on Feb 01, 2022 11:30pm
dead is a good way to put it
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