First Mining Gold Corp (FFMGF)

[Implanting]

In reality these penny mining stocks are IMO totally influenced by where the PM prices are going. If the PM prices are stagnant or range-bound, then the mining stocks are going to be the same. We've seen that happen in spades in 2017. The only way you could make money in them is to trade them.

So far this year I've been wrong trying to predict if gold/silver would breakout and make a move higher. It looked like we might attempt that move when $1300 gold was finally broken and we moved up into the $1360 area. That ended up being short-lived and now we're right back where we were under $1300.

IMO FFMGF won't break out to a significantly higher level (over $1) most likely until they sell their first property and when that happens is anyone's guess. We'll need a higher gold price for sure.