First Mining Gold Corp (FFMGF)

[ValueInvestor001]

Why would they need to change their valuation methodologies?

In the end it's the value of the properties that matter, whether it's a "mineral bank" that is banking on selling these properties at their correct value, or mining them themselves.

The only way you can calculate the value of mining properties is by doing a Discounted Cash Flow calculation (in case of Springpole), or by just multiplying the number of ounces in the ground by a certain price per ounce (like both HC Wright and Cormark have done for the other assets).