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Re: SeaBlue post# 19409

Sunday, 06/23/2024 11:33:41 AM

Sunday, June 23, 2024 11:33:41 AM

Post# of 22620
Yes, what you're advocating is to let the free market system work. I agree 100%.

When FMG gets to that place where permitting, mine financing, and a mine construction plan are all in place that is the catalyst for a lot of future growth for Canada. All of it revolves around a big, new, gold mine being built. EVERYONE shares in that wealth, not just what the government would take for themselves. That's the beautiful, trickle down effect free markets generate.

Everything you listed in your post essentially. That's by far the best way for this to go, but unless they would nationalize in the next few years, I don't think that would affect FMG until after any mining begins. Much of our share price appreciation will happen before Springpole is in operation. That may also depend on where the gold price is by that time.

No doubt that if they chose to nationalize mining in Canada that would hurt it greatly.
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