Firstgold Corp (fka FGOCQ)

[downsideup]

I'm pretty sure I'd posted a long time back that the thing that seemed it made the most sense... was for there to be an effort in consolidation between the FG and the other Relief Canyon interests. That probably did make a whole lot more sense back in the day when FG's assets were still intact, with what was, then, a nearly functional mining operation, needing only for the price of gold to get up to where it is now to make it successful... when the other participants in the area had the property, but not the infrastructure.

That FG already had all the parts in place... and still failed to make a functional mine out of it... with that mostly due to some obvious bit of stupidity in the structuring of some really unreasonable dependencies in the timing of the finances, that were paired with a financier who was running the deal as an obvious front operation intent on enabling Chinese spies ?

You couldn't even make this sort of stuff up and get anyone to believe it...

I'm not even sure what's happened to the FG interest in Relief Canyon, now.

Perhaps the only potential benefit that might still result from watching this evolve over all this time... would depend on someone else figuring out that its still possible to assemble a Relief Canyon consolidation deal... pairing the remnants of the former FG assets with Victoria's ?

The price of gold is still good enough to make it work... and the market in junior stocks and low grade exploration properties sucks bad enough right now to make any deal affordable enough... although its probably only going to be that much harder, now, to get proper deal financing for it ?

Maybe someone will still make something happen at Relief Canyon, eventually... ?

Now would probably be the time to do it... before the markets make it harder again, rather than easier...

Might still be worth keeping an eye on the various "parts" here... if that's still possible.