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Re: Implanting post# 15067

Tuesday, 03/23/2021 7:59:53 PM

Tuesday, March 23, 2021 7:59:53 PM

Post# of 19309
Implanting, agree the news flow is important but my experience nibbling in this space the last 25 years is that the price of gold is probably more important. I have owned great companies in down markets that did nothing and so so companies in great markets that doubled and tripled. Let’s hope the perfect storm hits First Mining - higher gold prices and big news!

I do feel that you and Sea Blue are on to something regarding the absurd deficit spending and money printing. Logic dictates that it can’t go on much longer without major implications. I think gold will break through 2,000 and silver through 30 next quarter. That would definitely get things rocking.

Just picked up some shares of Wheaton last week. They are projecting a positive cash flow of $1 billion in 2021. Even if gold doesn’t rocket up like I think it will, it staying at these levels for a couple years will generate plenty of cash for drilling and deals.