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I did read it. We shall see. Watch carefully is my only message here
Lol!! ??
10q was fine, fact is this is a sub penny with a rough past. If you don't want to have honest discussions about possible problems then we can all just drink the koolaide- Yay- Rah we are rich! Let's go by a Benz or Audi yay. This is the greatest company ever!!!
Look they might pull it off. I hope they do. But when management owns no common shares it is a huge flag. There are lots of ways for the "vested interests" to get paid. This is a lesson I learned early on by losing a lot of money in penny stocks...education is expensive. I'm just saying watch what they say and if they deviate take note
We shall see
Two million in preferred shares so actions speak louder than words to me
Yes. But they say they will not dilute further...that is the million dollar promise and should be watched very very closely. Management or rather the six employees own no common shares. As it is the share structure is terrible. People here say don't look at it from the past but until I see real change its fool me once shame on you fool me twice I shouldn't be in pinkies. If they break their promise and dilute further that will tell you everything you need to know
Yes they are. Yes they are
Anyone know the % of insider ownership? Yahoo finance is showing 0.06%. Does anyone know if that is current and accurate?
Tex, I doubt it is to late for diet to work. A whole foods plant based diet can lead to a reduction in medicine in a matter of days. Here is some reference material from Dr Neal Barnard, Dr Joel Furham, Dr Caldwell Essylstin, and Dr. T Colin Campbell. Good luck with everything!!
Great advice! I would also suggest checking out the film Forks Over Knives and the book The China Study. A whole Foods Plant Based diet changed my life ! Good luck Tex!
FYI-Canadian markets closed for civic holiday today
Yea I thought the same thing along the way. I got in at .22. Sold a chunk for a very nice profit thinking I could reload lower but never got much of a chance. Luckily I kept the bulk of my shares and have no regrets. Just saying trying to pick the dips on this rocket is a challenge. Need to be nimble and quick lol!! I think we are seeing institutional buying starting to roll. Boy this is fun.. GLTA!!
Houston we have lift off! Dollar land approaching fast!
Keith called for this in the silver miners a while back
http://www.zerohedge.com/news/2016-06-13/gold-miner-withhold-sales-storing-it-long-term-makes-more-sense-these-prices
Canadian markets are closed today for Victoria Day so I'm guessing all miner volume will be pretty low today
You are absolutely right!
Welcome SS!
While there may be some good flipping opportunities this is most def a long play.
Here is a link to an interview with CEO Keith Neumeyer done over a year ago shortly after they went public that outlines the biz model pretty clearly. Its a good starting point.
Agree totally, a healthy correction is very welcome. Sets the foundation for the next leg up!
I agree Roygbiv, it is always good to try to look at potential negatives, to look at all sides really. Knowledge is power. While I strongly believe in KN and the future of this company I never want to get to a point where I am blind to risks.
I would think dilution is a possible concern down the line but as long as they keep the gold per share at a good level I think it will be moot
Thanks Roygbiv!!
So I'm confused by the resource estimate for the Cameron Project. Seems there is zero drilling that has taken place and the estimates are based on rock chip sampling and a few trench samples....not sure how they came up with a resource estimate that could in anyway be considered realistic.....thoughts?
It's clearly because Gartmen called a gold bull and $1500 gold. A lot of money to be made doing exactly the opposite of whatever he says lol! Long BAA
http://www.cnbc.com/2016/05/03/gartman-says-gold-is-in-a-true-bull-market-and-on-its-way-to-1500.html
Gold starting to move up again!! Go FFMGF!!
Nice!!
Nikei down 4%, dollar sliding, should be a good day for the metals and FFMGF. Onward and upward to dollar land before we know it!
Indeed!
Excellent find Rage! They are going strong after the Abitibi Region!
I'm in 100% agreement with you. I took the promo pop opportunity to take some profits, didn't liquidate totally but took my cost basis way way down. Will look to accumulate more as we retrace downward.
Pimco Economists says Fed should monetize gold
http://www.zerohedge.com/news/2016-04-21/pimco-economist-has-stunning-proposal-save-economy-fed-should-monetize-gold
And then the morning smack down. Although they only seem to be able to smack it to a point. Our time draws closer! Long FFMGF
http://www.zerohedge.com/news/2016-04-21/precious-metals-puke
And then the morning smack down. Although they only seem to be able to smack it to a point. Our time draws closer! Long FFMGF
http://www.zerohedge.com/news/2016-04-21/precious-metals-puke
Welcome tbnfl4sun. You have gotten back in with a good one. Won't be a penny stock for to long!
I am long FFMGF!!! That being said I think it is fair to note that I believe that FFMGF paid Future Money Trends for some press. That is not a bad thing. Word needs to spread on this great opportunity but full disclosure is always a good thing imo
Rigging
Welcome aboard Bigone! I believe First Mining Finance is an incredible long play, the timing by Keith Neumyer is perfect as the upswing in the cyclical metals market begins. Five years ago this probably would not have worked but with the sector down 90% in some cases and an uptrend as close to a sure thing over the next few years as there is makes this a beautiful concept! My cost basis is 0.24. I sold a nice chunk to take profits and anticipate being able to pick that back up at some point. Nothing goes straight up and it's nice to play with the house money! That being said I held a good chunk in case we continue the run up. Long and strong FFMGF
The lawsuits over gold and silver price rigging begin. Bullish for FFMGF!
http://www.zerohedge.com/news/2016-04-16/billion-dollar-lawsuits-filed-following-deutsche-banks-admission-gold-silver-rigging
First they admitted t the tigging and now the lawsuits start. Long Baa
http://www.zerohedge.com/news/2016-04-16/billion-dollar-lawsuits-filed-following-deutsche-banks-admission-gold-silver-rigging
Its been a great run but at this point gains seems speculative. imo This is a a winner in the long term but the run up isnt accompanied by any material news tat I am aware of other than some promotion. Long FFMGF