![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, March 28, 2024 9:33:44 AM
I would in large part agree with your reasoning on the political situation. Canada needs Trudeau out of office, in much the same way Biden in this country needs to go. Without getting too political, I think we can agree their policies aren't as capitalist or mining friendly as we need to see. If Trudeau leaves and a more pro-capitalist candidate wins that would be the best outcome for our investment. Your points about enhancing the mining industry to bring MORE business there is spot on, but getting back to our discussion on the government being broke is the area that concerns me.
I think we can agree that it doesn't matter which political regime is in power if the government is insolvent. How long they can remain insolvent is the bigger question to be answered. To this point, the U.S. can print unlimited amounts of fiat dollars to prop up their House of Cards. Canada doesn't have that luxury. It's also my understanding that Canada holds NO gold reserves either, so my real concern is that if the Canadian government had some sort of "insolvency hurdles." to jump in the not-too-distant future, how would they resolve those? Would mine nationalization be an option? I don't know, but I'm old enough to know that anything's possible if the situation gets bad enough or if the Politicians have no other way out.
P.S.: Have you had any discussions on this subject with FMG management?
Recent FFMGF News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/20/2024 02:46:13 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/20/2024 10:08:02 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/18/2024 12:55:56 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/17/2024 01:25:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/28/2024 08:49:35 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/21/2024 02:34:17 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/13/2024 05:57:01 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/10/2024 08:48:41 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/07/2024 04:29:23 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM