Firstgold Corp (fka FGOCQ)

[newmedman]

This was PM'd to me awhile back about SELR and SNTKY.

There might be hope for a new start at least. I'm not going to go over my skis posting my DD, but its easy to look into if its even worth the time.


"Looks like they've decided on shedding the skin care business, which seems to made good sense.

Ryan is a mining guy...

I'm not thinking $3 million gets them very far in terms of buying up the FGOCQ assets or putting Relief Canyon back in operation... which doesn't mean that they're not working on some external means of "self" financing for the project if there is a deal they're planning.

I still think that IF it is going to happen now, it is likely that SNTKY and SELR are going to play peripheral roles, at best... while the highest potentials are $ from the current neighbors or from outside sources that might be arranged or introduced by SELR or STNKY...

Otherwise, they're angling to buy only the FGOC shell, after others have already taken all the real assets ?

All clear as mud for right now...

Would certainly be better for holders if the timing had gold still going up, or at least bottoming, rather than having gold having just reached an interim peak...

I'd not be too surprised to see a delay in the sale... "

We had the delay, but it was only 1 week.