Replies to post #9029 on First Mining Gold Corp (FFMGF)

[Implanting]

Yes, Eik, but they seem to be side-stepping the fact that THEY are going to be bringing any of our properties into production. They seem to be focusing on just adding value to the properties by additional drilling, exploration, and permitting. That's fine for the moment before the gold price really begins to take off, but doing a deal sooner than later is my preference. I think we see $1500 gold easily by the end of the year.

They mention looking for potential project partners and having assets that are attractive for larger gold producer too much to be going alone into production. I could be 100% wrong though.

There are a lot of different ways they could do deals and you know Keith is very good at it. I would bet He wants to have First Mining actually working at least some of the properties we have and maybe doing JV's with partners on the bigger projects.

[Implanting]

Eik, I think the real wild card in them doing a partnership or JV deal is dependent on how it goes with the permitting. The last time I spoke with Mal I asked her where we stood with the Springpole permitting. She told me the next segment of the permitting they were expecting to be approved by the first of next year (2020) and if everything goes to plan the permitting should be completed for Springpole by early 2022. I believe she said there would be another hurdle to jump with the permitting in between 2020 and when it's finalized in 2022.

It's my guess any potential JV partner or buyer won't commit before they're pretty sure the permitting is in the bag. That could possibly still be a year or more down the road, as no one knows at what point the permitting process would need to be before a commitment would be made to buy.

Where the gold price continues to go might have something to do with a buyer deciding to deal sooner than later because as the price rises our assets rise in value and become move expensive to obtain.