Replies to post #21888 on First Mining Gold Corp (FFMGF)

[sonic75]

Positive behind the scenes. Gold was down $100, silver $2, miners and stocks down, but we climbed on huge volume on the TSX side. I would have wagered maybe another NIA pump n dumper was pumping, but a 10 million single day volume is too big for a pumper to generate.

We are undervalued, even if you evaluate what FF's share price ought to be on simply the "hope" or "rumor" of attaining the EA, it should be a $0.50 stock with where gold's at.

[Implanting]

Seablue, this is just speculation on my part, but IMO the GRINDING move higher in our share price is probably "institutional money" moving into the smaller developers/juniors. I think the higher trading volumes we've been seeing is a good indicator of that. I would expect that if we got news on agreements with FN's or the Springpole EA being approved that our share price would jump significantly higher and not do what it has been doing currently.

The retail crowd isn't privy to what's going on behind the curtain, so I'm guessing any really good news that may be pending has yet to be told, but we know the "smart money" may be sniffing out what's coming and is finally placing their bets.

I find it quite baffling that this hasn't happened before now, but it does take awhile for the money to filter down in this sector and now it FINALLY seems to be happening. Let's see if it can continue.

Our share price is still way undervalued IMO. I remember Paul telling me they wanted to get the share price higher before entertaining any real deal offers, maybe this is the start of that? Maybe they actually have a share price target they want to hit before a deal is struck? Makes some sense.