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Stupidity and narrow mindedness is one thing I have trouble tolerating and this whole corona bs being peddled as some type of plague caliber virus and the masses blindly and indiscriminately believing the mainstream propaganda outlets (call them WHAT THEY ARE) at face value just makes me sometimes want to put one in my head. I mean there is literally no hope other than nuking the entire system (metaphorically and literally) and starting from scratch (if there are any survivors). Because at this point the corruption/deep state control and the ideological divide is so deep that we will either fade into authoritarianism with 0 freedoms or..
It’s just all rotten. We’re or already have become a banana republic country where corruption is so deeply embedded that there is just no way to fix it other than starting over and starting over = civil war. These parasite rino reps and dems have to go and be replaced with only constitution abiding honorable legislators who are incorruptible and who won’t sell themselves and the country for a dollar.
Gold is getting pummeled. Manipulation back in play? Jesus literally nothing has changed, the debt has increased, COVID still seemingly “killing everyone” at a 100% death rate making the bubonic plague of medieval Europe and the plague from the movie 12 monkeys starring Bruce Willis look like a cold, and yet gold is down.
Yep.. but I believe there are still a few genuine conservative patriotic republican senators and congressmen.. Ron Paul was the best and purest of them all of course, but his son Rand Paul imo is one of the "good guys," Ted Cruz and a few others aren't bad either though they are all talk and no action..
I'm honestly slowly inching in the conclusion that the only way to save our country will eventually have to be a 1776 style revolution.. the corruption is just too deep to fix things at this point.. perhaps I'm wrong. Praying Trump is able to substantiate enough fraud..
Unreal, and there's Graham pounding (with his fist you dirty devils..) Harris. Most of these so called Republicans are just establishment RINO phonies who are almost just as bad as the dems. All talk, no action, only interested in aggrandizing themselves as much as possible while the ship continues to sink.
Waiting for Implanting to remind us how much of a crap deal this was for us lol. What the heck were they thinking. Jeez
As the saying goes, those who forget history are doomed to rep.. I mean the modern day media, big tech, and the "other side" are doing some J. Goebbels level censoring and delivery of information that ONLY fits their end goals. And the issue is that only about 50% or less of people who are scrappy and are willing to dig around from various 3rd party sources to derive the truth are the ones who "get it" while the other half or more blindly listens to the countless media outlets and Hollywood and Big Tech and thinks: "yea, I mean they have to be right.." which creates and sows the "liberal v cons" division we have in the country now.
Implant/Sea, if the trajectory of the country doesn't change and we're all able to HOPEFULLY have a happy ending with FF AND able to convert our shares to dollars in time before/if our brokerage companies become insolvent AND then convert those dollars to hard assets like gold, I just don't see, even for your older age group, any other way than leaving the U.S altogether similar to how Einstein and other Jews/Italians fled Germany/Italy in the 1930s because they saw the writing on the wall. Issue is where the heck would we go? I'd probably flock to Thailand or Philippines; having visited those countries before, they have amazing beaches and conservative cultures not yet tarnished by "other side" toxic ideas. I'd love to flock to eastern europe whether it be Hungary/Poland but those places have insanely strict immigration policies - and good for them for doing so; it's probably what's shielded them from the left.
But yeah, if the trajectory of the culture and its politics doesn't shift back on track to valuing the constitution and capitalism, which will be super difficult when the dollar collapses and the "other side" and their followers conveniently use that cataclysmic event to pin the blame on the capitalism when morale is down and emotions are high to open the door for the USSA.
Thanks SeaBlue/Implant. I just don't like double standards. "One side" is always allowed to say and allege nearly whatever they please without condemnation or outrage while the other side gets censored and smeared if they say or do even a tenth of what the "other side" says or does. I mean hello? Did we just slip nazi germany or the soviet union or mao's china conveniently out of memory? And it just infuriates me how everyone just succumbs/gives in to the mob. As long as there is no call to violence or harm and merely opinions no matter how bias or partisan are being expressed, there should not be suppression. You have the right TO BE OFFENDED despite what your "professors" or media/hollywood may have told you.
I agree, but I think religion and politics are on different scales of bigotry. It's far more offensive to criticize or make allegations about a particular religion which as you suggested ticks people off - and understandably so - as opposed to politics which, though still a sensitive topic, isn't as dear and personal as questioning someone's belief in say Jesus or Mohammed. I don't know. Freedom of speech is an important thing in my book - so long as it isn't a call to violence/harm, which ironically the left does all the time (burning cities down, looting, destroying businesses). I think it was Voltaire that said, "I disapprove what you say, but I will defend to the death your right to say it."
So posts about taxes and vaccines (not a jab at you Implanting/SeaBlue, love your contributions to this board) are a-okay even though not relevant to FF but posts about a fraudulent election are taken down eh? Remember you're just doing the devil's work with the censoring. Puppets.
Big move on low volume. A big buyer(s) that know something we don't?
I use etrade.. are you guys saying that they’re not a safe brokerage firm to hold my shares on?
We're holding pretty well given gold got clobbered today.
Hope I don't "jinx" things and awaken tomorrow to a 10% down move
Grass is not related to FFMGF. Please review TOU
What’s the correct move if we are bought out? Are you forced to sell you shares or should we sell our shares? Do our shares get converted to the shares of the company that bought us out? I’ve never been fortunate enough to hold shares of a stock that gets bought out so thought I’d ask
I understand your concerns, but I still think ejecting now at the brink when the gears are finally moving with a volatile global economic climate is suboptimal. Price isn’t the only barometer of a company’s viability and the past is no indicator of the future. I get it’s hard to keep a clear objective vision when you’re down a boatload after years of stagnation, but we have assets both already in progress and yet to be dealt with (hope and cam) that will offset the relatively short term dilution and beyond. Sure there’s risk, just as there’s in any venture, but given it’s in Canada and other similar projects have been approved, I think it’s unlikely Pole doesn’t happen.
It’s your money and call ultimately, but I think holding on to a stock for years only to fold your hand when things are finally getting done and gold having finally made a decisive u-turn is mistaken. I could be wrong but I just see too many positives to dismiss first mining. Perhaps years ago when things were inert and despair was in sight, but not now.
Good things sometimes take time. The dilution will be negated and beyond by the increasing value of both our partnered assets (Crow and 'Lund) and our aces in the hole in Hope Brook and Cameron; and I'm not even mentioning the literal gold mine in our flagship Springpole. Not to mention the fact that all markers point to an extremely favorable gold environment for the years to come.
If anything, I think it's silly of you to have endured the dread and torture that was the gold bear market of the past nigh decade only to sell now of all times in a time where the gears are finally moving both within the company and outside it in the gold market.
The size of denominator is only a detriment if the numerator fails to grow; and in our case, the numerator is growing rapidly. Risk is an inherent factor, but given the jurisdiction we're in (Can) and again the favorable gold conditions and our company finally making moves to monetize its assets 2 of which (Cam and Hope) are still untapped, and our secured financing and backing by Keith via AG, makes selling now, especially after having sat on this stock during the crap years, the wrong move imo.
That’s not funny....
Stop spamming.
It’s like robbing a bank for $50 grand, getting caught, and your only punishment is $5000 in fines and you keep what you stole. I feel like the only outcome/remedy for all this corruption and cultural toxicity will be war. I think a false flag will occur right as the dollar is about to definitively fall which will take us to war with China/Russia. It just feels like we’re slowly being led to a slaughter.
In many ways, war is man’s way of purging/getting rid of bad blood. Notice how after every major war, people are humbler, selfless, nicer, and more appreciative. Problem is the atom bomb made war a stalemate M.A.D impossibility. We’re way overdue for war.. it’s in our nature.. only issue is this time it will be the last war. Damn Einstein and Oppenheimer.
2+2=5, freedom is slavery, war is peace. Nothing makes sense anymore. A bajillion people unemployed and money printing and debt at record levels and gold pounded.
Did COVID mutate or something? The heck is going on? Or is this just another case of the Fed letting off the pedal? I have a feeling we're going to see more days like this as we approach November. The puppeteers will use their entire repertoire to diminish Trump's chances as much as possible imo..
I somehow found the courage to buy 63000 shares at 0.12 in March and some more at 0.18 which elevated me to 128k. That decision alone erased my 5 years of losses for FF and put me at a slight profit. My only regret is not buying more. Nothing had changed in March. It was purely fear and margin calls and a liquidity run. I just wish I bought more. I had about $20000 more I was this close to buying at 0.12, which would’ve put me at 260k shares.. I’m a moron. Everyone is a genius in hindsight. Whatever.
With what’s going on globally, gold’s ceiling is infinity.. which is great and bad at the same time. Great because we’ll do well, bad because America will become Venezuela. I keep reading that gold miners will eventually/inevitably be nationalized as gold breaks free of its manipulation chains. I guess the key will be picking the ideal most lucrative time to sell, cash out, convert the money to real assets while it still has some semblance of buying power, and then run away abroad or something? I just don’t know. It’s all so stressful and exciting at the same time. Mostly stressful and depressing to be honest.
I wonder if those predictions are with the potential future price of gold in mind.. my guess is yes, but that sounds great. Wish I had a million shares instead of 130k : (
Albeit low volume (relatively), great back to back comebacks for 2 days in a row after being down. I think we're approaching a time when the share price should move with more impetus parallel to gold. And I love Schiff. Listen to his podcasts weekly.
Anyone have the link of the recording of the webinar? Missed it due to work, sounds like it went well. Thank you.
The share price has been holding up relatively well. I feel like we’re establishing a solid floor here..
I second that! Thanks for the update. And sorry I could’ve sworn I read someone say he was in over his head. Maybe it was me and my memory is just failing me.
We still have a lot of equity despite PC in Hope Brook, Cameron, and Springpole. I think Dan is as Implanting suggested, in over his head.. I think we need someone like Amir Adnani at the helm at these stakes. Idk, hopefully Keith is concerned.
More and more I’m inching in the conclusion that Dan and some of his subordinates need to be replaced by more competent leadership who have the mettle for high stakes.
Let’s be positive. She could’ve left for a better opportunity.. but yea, all the pieces don’t really paint a promising picture. Maybe she left because she felt the company was being deceitful and dishonest by going back on their explicit word to no longer dilute and she felt complicit and left due to ethics? She seemed transparent and well meaning, the type to always divulge the truth, and the truth she’d be forced to divulge or lie about wasn’t one she could continue to tolerate?
I’ll take off my tinfoil hat now.
Auteco’s leadership laughing for getting away with robbery pretty much shows who was the more prominent beneficiary.. let’s hope Dan/Keith are more stingy/patient with whatever they do with our remaining properties. Pressure should be a lot less now that the bull and sector interest are back.
I still believe this story will have a happy ending.
His overall demeanor was very positive and confident which was a relief. Auteco boasts are snake oil at this point..
Point I was trying to make is the volatility of poker and blackjack is similar to that of stock speculation. If you make the right decisions consistently, the curve always moves up. But in the short term however, that curve isn’t a straight line.
We’re all betting that the current global financial system is unsustainable and propped up by beams that should/would have fell if the dollar wasn’t the world’s reserve currency, and we’re betting accordingly with gold and the miners.. our bet has a high chance of working out, but that doesn’t mean it can’t fail. I view down days such as yesterday (or any down day for that matter) as an inevitable short term deviation of the curve’s upward path.. 2011 and after were variables beyond our control because even though we were betting correctly, the Fed/government subverted the economic rules of gravity and sedated the system into having the guise of being healthy when in reality all they did is buy time.. well the chickens are coming home to roost so that same 2011+ bet that failed us (but should’ve been the “correct play”) should now almost guarantee to be a winner.
Make the right decision irrespective of whether the outcome is positive or negative. Endure the variance/volatility, trust the math/analysis of the situation, and wait for “the long run” to manifest itself. I had 1 session a few years back when I lost $4000 in a single day via ACES vs KINGS where I had aces 4 different times in the span of 8 hours; but even though I lost those hands, knowing that I was 80% favorite every single time, I actually won in EV (expected value) and that’s what helped me move forward.
It's called variance and you have to be able to handle it. I play/played poker and blackjack (the only 2 games in a casino where there is a player edge if: a)player knows how to count cards in the case of blackjack; b)if the player's skills exceed those of his opponents in the case of poker) for years.
No matter how good you are at making the perfect mathematically correct decision, random outcome (we call it variance) will always produce volatility. Aces vs Kings in poker win 80% of the time with Aces, but you can still win consecutively with Kings despite being a 20% underdog. But in the long term, your Aces are guaranteed to have all the money.
I think the same applies with investing because in the short term, a stock, especially a mining junior, will experience many swings due to the many uncontrollable variables beyond your control. But if you've done your research about the company and the environment/state of the market/product it sells/caters to and deem it a high favorite to succeed, short terms results don't mean and should all but be ignored. Once you understand that you're in it for the long haul, the "roller coaster" volatility feeling and stress recedes for the most part. Nobody likes a down day, but it gives solace knowing the fundamentals are on your side barring Dan playing Robin Hood with one of the properties again : D
It's like sitting on an asset such as a collectible exotic car (or literally any other high value niche item) for years waiting for the right buyer and then impulsively deciding to sell it for a 50-75% discount right on the eve of said asset on its next phase of appreciation. I hate to question Dan's integrity because he seems like a transparent guy - then again having been in retail myself, salesmen, even the most honest, are experts at either exaggerating the truth or creating white believable lies - but unless there is a lucrative real reason to offset this latest dilution, this will not bode well for us or at the least it will greatly reduce our long term potential.
Rising tides lift all boats and we will no doubt benefit from gold's rise due to the present global economic environment, but again it will in my opinion cause us to greatly under perform relative to other mining stocks. I'll continue maintaining the optimistic view that this latest financing was done to capitalize on an irresistible unexpected opportunity for the time being.
Unreal, we waited for 5 years for the bear market to end and for gold to return to favor, and then Dan, out of what I suspect is mainly job security and pressure, caved in and/or deliberately rushed the Auteco deal just for the sake of pacifying the shareholders/Keith and then of course had to sell everyone that it was a relatively equitable deal? I like Dan in some regards but in others question his competency... I'm pretty sure he isn't a selfish bureaucrat, but Auteco along with the recent spontaneous and covert sudden dilution deal - after he explicitly said we are done diluting and have the money through permitting - corrodes some of the trust and faith I have in him. I hope to God I am wrong in my assessment but, we will see.
My suspicion is they stumbled upon a can't miss deal or opportunity and that we should soon see some type of news. Anything less will significantly lessen the trust people have in the team.
Gold up $80 in a week with volume over 2.5 million but we have 2 consecutive down days.. gotta keep reminding myself we’re in this for the long haul.. still frustrating seeing twilight zone days like this happening
All of the negative variables have to “do their best” to not show up until after November. Biden could swear allegiance to the KKK and probably still not concede many votes because of how brainwashed the masses are.
If the inevitable economical and social events can be postponed, Trump could still pull it off. He has to.. he’s literally the last line of defense against us becoming 1933 Germany.
It’s such a crappy predicament because on one hand I’m glad when gold rises but on the other I know what it represents, a loss of buying power and suffering, and the only way to beat the pace of currency destruction is via good mining stocks like this one. Gold goes up 400 and you have 100 oz’s of physical gold, congrats you’re up 40k, but that 400 increase also means goods and services are more expensive and after taxes, your 40k gains basically offset you to even which is why gold and silver are perfect wealth PRESERVERS. But a 400 increase will result in 2-5x increase or more in the miners’ shares which gives you a shot to not only preserve your wealth but grow it even with inflation factored in. And that’s why I think having both physical and gold miners is the one of the better plays..
Strange how the gold price rose, our partners’ shares rose, while we dipped.. profit taking and nothing goes straight up I suppose