InvestorsHub Logo
icon url

Family Roots

03/29/21 9:24 PM

#15128 RE: douginil #15126

Hi douginil - there were actually 6 he mentioned. First Mining and First Majestic of course. Then Victory Metals (be careful there is also a Victory Resources), Silver One, Snowline Gold and Nano One Material. All interesting management teams and stories.

Victory Metals is in process of acquiring Nevada King. Believe I read they will be 4th largest land holder in Nevada. Many properties near First Majestic’s Jerritt Canyon Mine.

Silver One acquired three of First Mining’s silver mines in Mexico years ago when FMG spun them off. Read that First Mining held 7% of Silver One shares - not sure that is still the case. Their interest may have been diluted or possibly sold since the article was written. Silver One has a big silver property in Nevada. Wouldn’t be surprised if they end up with one or more of the First Majestic mines that were shut down in the last few years.

Snowline Gold went public within the last month - not many shares issued. Big land package in the Yukon.

Nano One has battery technology. Buzz is that their technology is under review by Tesla. No confirmation of that but many are speculating that to be the case.

Each storyline involves one or more key players with real credentials. The kind of no nonsense people you would envision Keith and Sprott to deal with.

Hope this info helps and welcome any thoughts as you do your research of them.