InvestorsHub Logo
Followers 16
Posts 13958
Boards Moderated 0
Alias Born 01/18/2010

Re: Nsnz33 post# 18971

Tuesday, 02/27/2024 12:23:27 PM

Tuesday, February 27, 2024 12:23:27 PM

Post# of 19441
IMO the question to be answered is WHO has the final say or authority over what goes on with these areas to be used by FMG?

Is it the Canadian or Ontario governments that have the final say in moving Springpole forward or does the indigenous community at Cat Lake have the authority? I was told in the past that every other community, other than the One at Cat Lake is onboard with the mine coming to fruition, so how that works I don't know. Will it come down to some sort of vote? Who knows.

I'm guessing, but IMO this is all most likely a big play from the Cat Lake community to get more perks out of us. Dan said they were asking for a road be built for them, so they had a year-round way to get out. My guess is that this road may just be the beginning of the list of things they want.  

FMG can't give them the world, but I suspect they can make promises to do things for these people IN THE FUTURE, after the mine is up and running and money is available to fulfill some of the promises.

In the meantime, the share price is and should continue to suffer. Uncertainty causes that to happen.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FFMGF News