First Mining Gold Corp (FFMGF)

[mcokpba]

Thank you implanting.

It looks like FFMGF was bounding around between $.48 - .57 back in June. There was a recovery to $.58 in early September. But then in late September there was a decline in stock price from $.56 down to $.40 a few days ago. Yes, I know a few lucky investors picked up some intra day at $.39. So it appears we have some tax loss selling at the end of the year and Keith Neumeyer (CEO) buying 50,000 blocks of his finance division of his silver entities.

There are 551.42M shares outstanding. GDXJ currently (as of November 2017) owns 38,738,483 shares. So GDXJ has reduced their FFMGF holdings by ballpark numbers (48.3M) 55%. GDXJ dumped just under 9% of total outstanding shares back into the market during the re-balancing.

I am surmising that investors are taking 20% tax losses (purchase in low $.50s and selling low $.40s)

In a couple of days the stock price has increased from $.40 to $.45. Personal opinion but I see low $.50 minimum by end of year. I will agree with other posters here that now seems to be a good time to buy more FFMGF as first quarter of 2018 is looking real good for gold and silver. I will be.