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eik

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Alias Born 10/24/2005

eik

Re: ThSeeker post# 9476

Thursday, 09/05/2019 11:52:30 AM

Thursday, September 05, 2019 11:52:30 AM

Post# of 19271
Actually, First Mining was a "Mineral Bank" by design, which meant that it's properties could be sold or leased on any gold rally. It was kind of unique setup which would do more for share price in current situation (IMO). Replacing "Finance" by "Gold" the management placed FF into the long line of Canadian miners. Many of them claim to own "huge" assets, but none of them is able to produce any revenue in foreseeable future. Short term this was definitely bad for shareholders value. Now we own the stock that underperforms all other miners, and keep talking about unique "patience" that's required with this particular stock.