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overbore

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Monday, 05/06/2019 10:27:00 AM

Monday, May 06, 2019 10:27:00 AM

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During my communication with Dan Wilton he brought up a very good point about gold prices. As a US investor, I am always tracking the price of gold in USD. However, if you take a look at the price of gold in CAD dollars it's a completely different story. I realize we need higher gold prices globally to help drive the demand, but from a profitability standpoint, First Mining should benefit from a strong gold price in CAD dollars, which is close to an all time high right now.

https://goldprice.org/gold-price-charts/20-year-gold-price-history-in-canadian-dollars-per-ounce
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