First Mining Gold Corp (FFMGF)

[Family Roots]

Happy to see FMG adding to the Springpole land package. The potential of them being a major district wide player is encouraging.

Not happy that they aren’t spinning drills as aggressively as Auteco and Treasury. I’m a proponent of aggressive drilling (on the original Springpole land package, the new earn in properties and Cameron). Auteco and Treasury are well on their way to doubling their resource. Would be great to see FMG on a similar path.

I would much rather see FMG look for a JV partner with deep pockets to get Springpole into production. Implanting, if we expect a JV partner to fund the drilling I fear we won’t create much additional value between now and then and will end up on the short end of the deal. Would like to see increases in the resource and hopefully a major discovery occur on our dime. I agree that there is great value in the properties under FMG’s control. Going to be significantly greater if we can double the resource.

We are all aware that the permitting of Springpole is well into the future. Be great if the price of gold makes a major run, minus that I think an aggressive drilling program is our best chance of getting the share price up.