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They’re probably happy or playing dumb few if any got in cause that means less elephant in the room type questions get asked and no one to hold their feet to the fire.
I believe I'm wrong about the email I was looking at. I think it was the email they sent an hour BEFORE the webinar was scheduled to start. At the top of the current hour we're in, so that wasn't a new email it was sent an hour and forty minutes ago. My mistake.
Someone has to has enough sense to figure out something is wrong and people weren't able to get into the webinar. Pisses me off.
Keith needs to take some of Dan's salary and invest it in hiring out a webinar outfit that knows what they're doing. This is not the first time they fucked up a webinar.
mind posting the link for it? I didn't get that email, yet at least
but hey dan's $500k salary is really paying off! he's definitely unlocking vAL-yOo here with his deductive skills!
I just got an email saying to join the webinar in an hour. I guess they finally figured out no one was able to get in, what a damn joke.
That's what I get too. This fucking Mickey Mouse webinar outfit they use is totally fucking worthless.
I can't get in either. Keep getting "Error, something went wrong"
WTF is going on with these people? You can't even get into the webinar. I keep getting an error message when I attempt to register. This is bullshit.
Is anyone else having the same issues?
Link to the Lines and Dan discussion at 2 PM EST.
https://events.6ix.com/preview/permitting-discussion-with-dan-wilton-and-steve-lines
Very interesting article. I think this could happen sooner than most people think. I laughed at the last stage when everyone saw the crisis coming. LOL
Always after it's already here.
https://www.zerohedge.com/personal-finance/five-stages-denial-when-skeptics-are-faced-economic-collapse
For those interested in knowing. I received a reply from Paul regarding a couple of questions I had mainly about doing some mining at Duparquet and acquiring permitting to do so. This is what he told me.
Dan is still looking into the viability of a starter mine at Duparquet and have the ore milled at a local mill. The permitting for doing this would most likely have a shorter approval time than the regular approval process. Once we know the direction we're going to go, we can plan the permitting for Duparquet accordingly. This upcoming webinar is to discuss Springpole permitting.
That's his reply to me. He didn't really say anything new. This is the same stuff Dan was talking about 6-12 months ago, maybe I can get Dan to elaborate a bit more on the webinar about more specific news on this subject.
Well, I don't have a crystal ball, but if history is any guide we should see lower prices before we go much higher. That's what happened in the last big gold bull market, so that's what I would expect to happen this time. Time will tell.
Based on your timeline I should have plenty of opportunities to buy more shares. I hope we are all able to capitalize on the share price weakness.
Good Mish article. The numbers are just comical.......it is funny how some people still believe they are legitimate. I really wish people would be more honest and not try to spin the facts and figures to fit their political agenda. Both parties do this and it is highly annoying.
If you are speaking to the timeline that the Canadian government, finally give us the Springpole permitting I'm sure someone will bring that up on the webinar. If nobody else does, I damn sure will.
It was my recollection that Dan said we should have the permitting approval by the second half of 2025 If that actually happens is anyone's guess, maybe Steve Lines can give us a more precise date. I think it was Dan that said it should be about a year AFTER the EA is submitted that we would have approval.
Let's hope that's the case. We know all the questions and big hurdles for the EA should have already been answered prior to it being submitted.
IMO the timing of the permitting going through and when the gold price begins to rise to parabolic levels should coincide pretty well. I still think we're going into a recession either by the end of this year or beginning of next year, so 2025 could be a stinker for the market. That in turn should rotate money out of the tech high flyers and into gold and more defensive-type stocks. By the time the big money begins moving into the mining sector, we may already have a Springpole construction date set and financing done. By that time the share price should be much higher.
Thanks for emailing Paul. One thing that would be nice is if the timeline remains the same. As we all know it keeps getting pushed back, though I am sure FF is not to blame for most of that. Anything that has to go through government bureaucracy is often subject to the slow grind. Hopefully there is not a significant delay or other issue addressed for the first time during the webinar. I enjoyed watching Lines the last time I saw him so hopefully he is just as informative in the upcoming webinar.
Just checked my email and found a notice of a company webinar with Dan and Steve Lines coming up this Thursday June 13th starting at 2:00 EST. The topic for discussion will be "permitting" for FMG's Springpole project. I would be curious to know if there's any permitting being done for Duparquet too?
I'm going to email Paul to see if he can get Dan to talk a little bit about where they stand with getting the starter mine going at Duparquet. Hope springs eternal.
I ran across this article that Mish did on the bogus jobs numbers the BLS puts out. These Assholdes don't even know how they get the numbers they put out. This is big government at it's finest. They put out numbers that they themselves can't explain. LOL
Peter Schiff posted that jobs were actually lost last month, not gained. You can't make this shit up, but this is what happens when the government is involved and cooks the numbers to fit their agenda.
https://mishtalk.com/economics/how-much-did-the-bls-birth-death-adjustment-pad-the-may-jobs-report/
The government and the Fed are propping the numbers up as best they can before the election. That's the bottom line. The fiscal spending that the Dems have done is still holding up the economy to the point that what the Fed has done still hasn't kicked in yet.
Yes, the revisions every month are pretty significant, but as I hear on the biz channel quite often, NOBODY CARES OR TALKS ABOUT THE REVISIONS. The headline number every month is what the market follows. The revisions are a truer gauge and are usually revised lower, but the markets don't care about them.
Another thing no one seems to care much about is the job participation rate. That the measure of how many people are actually looking for work. They were talking about that on Fox biz yesterday and how it's not good because Dementia Joe is paying people NOT to work.
I still think that this will all come to a head sometime around the election or shortly after it. I agree prices haven't dropped that much and everything is still too expensive. I'm doubtful that trend is gonna change.
Here's a Mish article speaking to who's getting the jobs in this country.
https://mishtalk.com/economics/foreign-born-workers-provided-over-100-of-employment-gains-since-year-ago/
China encouraging its folks to buy gold and now silver, Costco sales of gold very brisk and now gold vending machines in South Korea. Certainly won't hurt to have civilian demand in addition to central bank demand. It would not surprise me if the same scenario is playing out in dozens of countries but the mainstream news doesn't find it newsworthy.
https://www.zerohedge.com/markets/south-korea-has-gold-vending-machinesand-theyre-selling-out
This guy is correct if their share prices stay the same. Based on Friday's close of .23 and if the exchange rate is indeed .607 for each BWCG share held, BWCG shareholders at current prices will receive TML shares worth .13961 while BWCG shares on Friday closed at .13. Interesting.
Potential Arbitrage Opportunity.$BWCG.v trading at $0.13/$0.135$TML.v trading at $0.24$BWCG shareholders will receive 0.607 $TML shares for every $BWCG share which means BWCG should be trading at $0.145+.
— Airic (@airic101) June 6, 2024
Special meeting is on June 26. Outcome will be known then.$TML has… https://t.co/tGL8TskWRV
Citizen free press made me laugh with the way they characterized an article about the jobs numbers: "Jobs report comes in hot — until it’s revised lower next month." So true, there seem to be many more MAJOR revisions to the jobs numbers the last few years than in the past.
I think people are feeling the recession/depression, it just has not registered in the collective psyche yet. Anyone who goes to the grocery store, goes out for a meal, buys medications, receives medical services, buys car parts, pays utility bills, buys a cup of morning coffee (I make my own)....many things have gone up, up, up. One piece of good news - and Implanting may have touched on this recently - is a drop in crude oil prices. That one is a biggie.
Selling physical gold is becoming more and more trendy and main stream.....all over the world.
https://www.zerohedge.com/markets/south-korea-has-gold-vending-machinesand-theyre-selling-out
Big down moves today in gold, silver, and FFMGF. The bullshit jobs numbers this morning have everyone thinking the Fed will NEVER drop rates again. LOL
The government is counting part-time jobs like full time jobs, which we know is bogus. IMO the SHTF moment is coming, but when the Banksters have to start dropping rates it won't be because the outlook is rosy, it will be because all Hell is breaking loose. That will be the beginning of the recession/depression and no one sees that happening currently.
https://www.zerohedge.com/markets/inside-most-ridiculous-jobs-report-years
The ECB cut .25 today, as expected. I ran across this Mish article with him speaking to his opinion on when he thinks the Fed will begin dropping rates. He gives his reasons in this article, and he makes a lot of sense with what he says. IMO may begin cutting most likely sooner rather than later, but the market is NOT expecting them to do so now.
Will cuts from the Fed tank the market or move it even higher? We'll see in good time, but if they start cutting rates next month, then IMO they see signs of a slowing economy not far down the road. That should be good for PM's.
https://mishtalk.com/economics/i-expect-a-fed-rate-cut-in-july-despite-market-view-of-18-5-percent-chance/
Those kids that stormed the beaches of Normandy were in the prime of life. They had their whole lives ahead of them and they gave it up to save Europe and to stop Hitler and the Nazis. A lot of Americans, Canadians, and Aussies did the same that day, but that was the high price they paid for the freedom most of us enjoy now. IMO this generation has no concept of what happened or why it happened. They're clueless and most probably don't care. IMO most people think this was all just the way it's always been, so nothing can change for the worse. Boy, are they about to get a rude awakening.
When people forget history and for what reasons things happened, then history is bound to repeat itself. We're well on our way to that happening right now.
You're 100% correct. What's going on with all this illegal immigration is totally fucking up the apple cart. It falsely skews any sort of government numbers that they claim are correct. Whether they be wages earned or the jobs numbers. None of that can be right. You make a very valid point about companies trying to do the right thing and those that cheat by hiring all these illegals, but this is what Dementia Joe and his handlers want to happen.
Just imagine how the open border has put pressure on the schools and hospital system here. I can assure you that all the charges related to heathcare in this country aren't and won't be going down with all of these diseased and sick people coming into this country. Government and government-related healthcare are the only two areas of growth in this economy.
This will all come home to roost later, rest assured of that.
P.S.: You won't hear this ever said on MSM, but I believe all this free money being given out to these people is exactly what's been supporting our economy since Biden took office. All i ever see in Walmart spending like crazy are these new immigrants. Our tax dollars at work.
I hope they know that we appreciate what they did and we ourselves would make the same sacrifice, though I dare say while my spirit would be fully engaged my body is not operating as well as it did when I was in my 20s or 30s. Still, we would do whatever is required. I can't say the same for kids today. Hopefully they would prove me wrong.
The numbers and direction certainly do not make sense. As the article noted, the hiring of illegals should put downward pressure on wages. I think it is tragic that all of these companies are hiring illegals AND getting tax breaks from states and the federal government. As we have talked about before, such practices put honest businesses out of business because they can't compete in pricing. I try my best to buy from companies that are operating honestly, but in reality it is hard to tell who is and who is not. Even those claiming to be hiring only people who are citizens or who are here legally (and when I say that I mean green card holders, not people who are granted an asylum hearing 5 years in the future) might actually just be hiring illegals.
To see Dementia Joe now claiming to be doing something at the border is laughable.
God Bless all the young soldiers that gave their lives on D-Day eighty years ago today. Those boys were heroes in every sense of the word. They knew they were going to die or be maimed when they hit the beaches at Normandy and gave the ultimate sacrifice anyway.
How would that same scenario play out today?
Here's why the government jobs numbers have looked so robust over the last few years. Is there any wonder why the economy is supposedly so strong, when in reality everyone's not feeling it. More government cooking of the numbers.
https://www.zerohedge.com/economics/wall-street-admits-biggest-economic-shocker-all-jobs-past-year-have-gone-illegal-aliens
Same for me....8 years now.
In the short run, I don't see any significant higher price moves coming UNLESS some sort of positive, company specific news comes out. The only possible news could be the announcement of the EA submission for Springpole being submitted this Summer. I really don't see that doing a lot though, so we continue the waiting game until either the shares move when the permitting is given OR when the bull market in the mining sector finally begins. IMO there's not much more that would move the share price.
In fact, as I said in an earlier post we're probably going to drift lower with this latest share offering or a market correction that's overdue to happen. I'll be adding shares on future weakness.
Eight years and counting. Still same song and dance but no positive SP movement. Check back in another 6 months. Maybe still de-risking ( told that for years ) but we are going no where with FF.
The higher interest rates stay in the U.S., then other money moves into the dollar. That in turn lessens the value of the other fiat around the world and strengthens the value of the dollar.
Money moves to where it's treated the best, so if you're getting a better return in a dollar denominated treasury then that's where other investors want to park their money. If say the ECB drops rates there, the return into the Euro is less, than for a dollar bearing higher interest rate returns. That, of course, over time is very bad for the other fiat currencies. Even the Idiots at the Fed understand that a strong dollar is not good for the rest of the world and pisses those people off.
I hear varying discussion on what the Fed will do, but the overall economic data is getting softer also, so they'll be cutting at some point before the Fall is my guess.
That is a plausible explanation. The Fed won't let it get too crazy for other central banks if they can prevent it via a coordinated series of cuts.
Well, we'll see how they explain it away. They're not really accountable to anyone, we know that. They can and will cook the inflation numbers to fit their agenda.
I just was watching a Talking Head on the business news speaking to this very subject. He said that if the ECB started dropping rates this week, then he would see the Fed start dropping rates in JULY. He made the good point that they do this in collusion to prevent the dollar from becoming too strong because everyone would jump into the dollar strength. The dollar price would jump, and the rest of the world fiat would go to Hell, and they don't want that to happen. Exactly why if the ECB drops rates, the Fed will follow. IMO if nothing breaks, then we should be looking at a stagflationary outlook going forward.
I noticed from yesterday and this morning that oil has dropped about $4, trading at about $73 per barrel. What's causing that to happen, I couldn't say, but if that continues inflation will fall.
With inflation still increasing and significant money printing taking place, how do you think they'll explain it away?
If these other Banksters are going to start cutting rates, then can the Fed be far behind? I doubt it.
https://www.theguardian.com/business/article/2024/jun/03/european-and-canadian-central-banks-expected-to-cut-interest-rates-this-week
I'm just thinking out loud here, but today's price action has me wondering if our share price may trend lower on this latest share offering. We had over a million shares traded today for FFMGF and my guess is this could be related to "offering shares" being sold. Does this make sense to anyone else?
It said in the PR the offering would close sometime on or before June 14th. I'm thinking the share price should decline further before the offering ends.
A very good update on some PM charting. I recommend watching the entire video, but definitely listen to what is said at about 22:25 where he talks about gold and silver get their BIG move higher after the SPX market corrects and begins their "recovery rally" back up. This is exactly what happened when the markets tanked in 2008-09 and the PM's went ballistic in 2010-11 as the market rose out of the recession. That's when the "mania phase" in PM's and PM miners will happen. You want to have the boat loaded with mining shares as that phase begins.
I totally agree with what he said there.
https://www.zerohedge.com/news/2024-05-30/silver-price-people-will-have-fomo-next-bull-market
Just saw this. Another private placement offering coming.
https://firstmininggold.com/news/first-mining-announces-up-to-5-million-flow-through-equity-financing
Amen brother, cannot wait for that day….And it’s coming. There’ll be a lot of high fivin’ going on here. Cheers !!
Hello HONU, good to hear from You. It's been a while.
Without naming anyone specifically, I think I know who may have been ratting to IHUB about some of the PAST off topic discussion here. I won't name names because that's old news now. I never suspected You of it because of many of your prior posts here.
The main thing is we're ALL still FFMGF shareholders and our day is coming, hopefully sooner than later.
This is laughable high comedy. Why ?
1. I’m literally the biggest free speech advocate I know.
2. All posts previously removed were done by IHUB staff, these removals were due to someone whining about off topic posting.
3. I have ALWAYS supported free speech on this board and abhor removals unless they are personal attacks.
To be clear, I hold a substantial amount of FFMGF shares and want nothing more than a run up in SP.
FWIW, I would appreciate a retraction of your misrepresentation of my character, and yes, this is coming directly from out of the woods. LOL !!
This may be the reasons for the coming shit storm for the U.S. and dollar. Very good for PM's.
I'm predicting in november , Darth Brandon will win in a " legitimate " " landslide " which of course won't be " legit " which in turn will trigger civil war #2 and Gold will hit 5k per ounce before 1-1-25 . silver will hit $ 150.00 per ounce in this scenario . Lead will hit $500.00 per ounce .
A gold price target of $4821 by the end of this decade. That would actually be a conservative estimate when compared to historical moves in gold. That's over double from where we are now.
https://investinghaven.com/gold/stoeferles-confirms-his-long-term-gold-price-target-of-4821-an-ounce/
Just watched this interview with Ronnie Stoeferle from Adam Taggert. Listen to what they talk about as far as the three phases of a gold bull market, which we are currently in. They mainly talk about gold, but at the end of the video they get into where they see silver too. Stoeferle is an expert.
They were all in agreement that we're currently in the EARLY stages of the accumulation phase of the bull market, which is the first phase of three.
Regardless of whether Trump got screwed in the 2020 election, what can you do about it? That's history, over and done with now. My advice would be to move on and hope it doesn't happen again.
I believe the way it works on Investorshub if other posters don't deem your post's relevant or on topic they can report it and have it removed. That means they MIGHT not agree with what you have to say.
Unfortunately, we have no control over that process either. Believe me, I've had many mores posts
removed from this board than you have. LOL
This in not perfect, but it's all we got.
Tell that to HONU and the other censors who come out of the woods come a time like the election when certain opinions or topics are deemed “impertinent” and then suddenly no one gives a crap after the desired result is achieved, such as a stolen election which 2020 10000% was.
Living and quickly shifting into communism.
The way I see it if we don't have anything FMG specific to talk about then what's wrong with discussing something gold or silver related or maybe things that affect the mining sector? I believe those things are important to where this company is headed, albeit indirectly.
Politics can even have a bearing on where PM's may go and we know that geopolitical events have a huge bearing on the gold price, so if we want to stay informed on what may happen with the share price, I think it's important to follow the bigger picture.
We ALL have our own opinions on things, but we obviously can't control what happens in these other arenas. All we can do in the end is speculate and make our best guess on what will happen.
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