First Mining Gold Corp (FFMGF)

[Implanting]

IMO the big option it gives First Majestic would be to either JV with FMG or to merge with us, depending on how Keith wants to play it. That would make having to partner with an outside party unnecessary. It also gives Keith serious leverage IF another party wants to tender a hostile bid for FMG. Jerritt Canyon is still on their plate, but if silver continues higher that shouldn't be a problem either. The money will be flooding in.

We will control our own destiny if silver moves to where it should go in the next couple of years. Financing Springpole and Duparquet shouldn't be a big hurdle with silver somewhere north of $50 an oz. $75 or $100 silver would make it a slam dunk.

This part of the picture has to be something our management is considering with these higher PM prices.