First Mining Gold Corp (FFMGF)

[Family Roots]

Thanks for posting SeaBlue - I have seen this guy interview many miners in the past and I find him to ask many relevant and direct questions. He effectively presses up when he doesn’t get a direct answer to his questions.

I think Dan can do a better job boiling things down to an elevator pitch. I think he got a bit into the weeds here.

I bought more shares recently because:

1. FMG has a flagship project 100% owned with 5 million ounces and an NPV of $1 billion at $1,600 gold. At the current gold price the NPV is over $1.5 billion and the company is grossly undervalued with a market cap of only $160 million.
2. FMG has 3 partnerships where they retain a 20% interest, royalties and a free ride. The partners did over 100,000 meters of drilling in 2021 and have a combined resource of over 5 million ounces, and
3. FMG has enough cash/marketable securities to get their flagship project to a construction decision in the next 3 years and when in production it will be one of the top 5 mines in Canada.

I’m aware there are other positives but these are the 3 key points that drove me to buy more shares. I think Dan can do a better job reinforcing these points to current and prospective shareholders.