If I did a note pad crunch at spot prices, First Mining has more than C$3 billion of NPV in their two main projects. Not to be hyperbolic, but at $3000 gold, that number is >C$6 billion. Dilution becomes irrelevant.
@socalsilver6397
5 ай бұрын
Expensive project. Where’s the 💰 coming from? Btw, the host needs to turn up volume on microphone 🎤. Can’t hear you. Cheers
@rudeawakening3833
Ай бұрын
So WHY IN THE LAST FOUR YEARS - the stock prices under ten cents ????
@SwissResourceCapitalAG
Ай бұрын
Well ask the market... There are many companies with unbeliveable low stock prices...
@rudeawakening3833
Ай бұрын
@@SwissResourceCapitalAG Go look at similar penny stock juniors and explorers , they do have low stock prices I agree . But this stock NEVER does ANYTHING ! It sits at .08 - .20 cents and nothing … Maybe someday it gets sold and it takes off . I’m not a hater , but it is on my watchlist and I’m not impressed .
@ckfromnaples
5 ай бұрын
Keith will take this stock over 1.00
@BlackSwansFine-co6cd
6 ай бұрын
Diluted to oblivion. No hope of dividends this decade. Hard pass.
@hamid30nbl
6 ай бұрын
what's the ticker in the USA?
@SwissResourceCapitalAG
6 ай бұрын
FFMGF
@hamid30nbl
6 ай бұрын
@@SwissResourceCapitalAG Thank you. Am big fun of your channel.
@mathiasalexander7795
5 ай бұрын
Dividends are not the invetsment case here buddy.
@BlackSwansFine-co6cd
5 ай бұрын
@@mathiasalexander7795 I'm not trying to be rude, but the junior resource sector is full of land mines. I just don't see a real investment case in that company. It's going to be cash burning for a long time, and they will dilute even harder as some money starts to come into the sector. Yes the stock price might rise, a short-term trade probably. I'm just tired of seeing these companies that literally have been going for decades with no real progress keep paying what little cash they have for advertising. If they do sell a gold mine the shareholders won't get anything. I suppose that's the junior resource space today. After Alexco gave its mine away I got out. Callinex mines was my last unicorn.
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