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Re: None

Thursday, 08/18/2022 8:00:51 PM

Thursday, August 18, 2022 8:00:51 PM

Post# of 19163
It is back in the .17s....will buy if it remains at this level.

I thought the webinar was great. Dan and Keith complemented each other very well and like you said Keith exhibited what I consider to be strong confidence in the value of FF. I had 2 favorite portions of the discussion. First, the portion where Keith discussed share dilution. Maybe you can help me out here - during the share dilution discussion, Keith mentioned how the Duparquet acquisition amounts to $5 per ounce in the ground and he mentioned that is less than discovery cost. Do you know if the $5 per ounce referred to is the total amount paid (cash and shares) or refers to the shares only? The moment Keith mentioned that is when the value proposition hit home for me. My second favorite part was when Dan was talking about the project - I believe he said it is already at 1.6 g/t and could go as high as 2.0 g/t? Did he say they already had a PFS done? He also mentioned the Springpole team is at a good time in the Springpole permitting process where they can devote some time to Duparquet. That was great to hear.....sounds pretty timely/efficient.

LIke everyone else I was glad to hear Keith and Dan talk about reverse splits and about how they do not want one. They did not play around with the topic this time and this was the most forceful I have heard them be against that idea. I also liked Keith's explanation of how a lot of shares is something which is good for institutional involvement.

It was nice hearing the provincial governments are supportive of the projects. Dan's answer to the reclamation question at Duparquet sounded like the government will take a sensible approach and allow reclamation as the project progresses.

It was well worth juggling my schedule around to find time to watch this one. There were a lot of points covered and I am glad they did it.