If Cat Lake's wish is to have a year-round accessible road, that costs money, LOTS of money. FMG won't be able to build that road until revenue from the gold mine starts flowing. Our people need to tell the Big Chief that the sooner the Tribe gives their approval, the sooner construction of a road can begin. I asked Paul if Ontario or the Canadian government would assist in the cost of building the road and he wasn't sure. My feeling is that they should be. Putting the mine in will benefit the government greatly too, they should be more than willing to help make it happen.
There are many advantages to those folks in the tribe that the mine would bring there. Firstly, it would help bring them into the 21st century. They're so isolated there I'm sure that has to be a big problem for them. Imagine not being able to drive anywhere. They have contact with only the few people that live in that immediate community. That has to suck.
I also asked Paul about what they had planned to bolster the share price. He told me they had some things in the works to do that. He didn't get specific, but I'm sure I'm not the only shareholder asking that question. He claimed they thought there was an unknown Seller of FMG shares that had been unloading shares and driving the price lower. I couldn't deny that, but one would think that at some point in time the weak hands would be out of the stock and the selling would peter-out or stop. Let's see what they can do to move the share price higher.
IMO they've just touched the tip of the iceberg when comes to finding gold around Springpole. There's much more to be discovered. That will take time and money.
