First Mining Gold Corp (FFMGF): "I'm speaking about write downs on the U...

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First Mining Gold Corp (FFMGF)

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Re: Implanting post# 6016

Friday, 07/07/2017 6:42:52 AM

Friday, July 07, 2017 6:42:52 AM

"I'm speaking about write downs on the US dollar valuation based on all the debt/fiat money printing that's been done."

And my point was that when holding ADRs of Canadian stock we should be more worried about write downs on the Canadian dollar valuation. If USD goes to zero tomorrow and CAD does not, FFMGF share price will skyrocket both because of "improved" USD:CAD conversion rate and rising USD value of FF assets.

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