First Mining Gold Corp (FF) 銘柄情報

So if you know the payments are going to fraudulent groups or terrorists, you yourself are committing a federal crime if you fail to report it.

https://www.thefederalcriminalattorneys.com/misprision-of-a-felony

Are we really surprised this type of nonsense was going on? Heck, it has probably been going on my entire life. Just charge a few people with it. Don't know if it would solve anything, but it might make people more apt to report it for a wihile.

How come this isn't surprising and obviously one of the reasons for the run-away debt problems in this country. This could very well be a "black swan" event in the making. What happens if the auto-pays stop? You can't make this shit up.

https://www.zerohedge.com/political/treasury-depts-highest-ranking-career-official-rage-quits-after-musks-doge-team-probes

This is a fantastic interview with the TA guys. If You can't get excited about where gold is headed after watching this, you need to sell your gold and gold stocks.

I especially like listening to what Kevin Wadsworth has to say. He speaks to history and what gold has done in times past. They think we're in the beginning stages of capital rotation into gold and out of stocks. This happens in cycles, and we see it happen often.

I agree about what seems like a Trump weakness.   He seems to tie his ego and success to what is immediately happening in the stock market.  

Meanwhile merely the threat and perception of these tariffs has touched off a buying frenzy on gold for delivery in the US.  Obviously a short-term inflationary push in the price of gold and silver and many other products that originate from Canada and Mexico.  Even if the tariffs achieve the desired result and are only short-lived the shock to the markets may trigger the rotation into commodities.  Gold is already at ATH and now this tariff threat could trigger the rotation into commodities. 

Next week will be very interesting to watch.
Not sure gold and silver stocks will benefit next week if there is a huge sell-off in the markets but it could be a trigger to get things started.

So, that's my point. Trump's tariff threats are UNITING the BRICS countries and most likely even non-BRICS countries against the dollar. IMO Trump's actions are accelerating the rest of the world getting out of the dollar and NOT making the dollar stronger. Trump and I assume his advisors think the opposite is true.

Trump talks about weaponization of the U.S. government, what he's proposing is weaponization of the dollar against everybody else. I'm skeptical of the U.S. having the necessary military power or for that matter economic chops currently to hold its position as the dominant world power. I hope I'm wrong about that, but I'm looking at this as objectively as I can. Also, Trump may be seeing the handwriting on the wall when it comes to the dollar remaining the world reserve currency. Is this a Hail-Mary on his part in an attempt to head that event off? Maybe.

Not only may we get a trade war out of this, but we could also get a REAL war going if he does what he says he will. He wants to get inflation heading lower, but if these tariffs come online and other countries take issue with them, we could see a lot of big problems ensue. Something like this could usher in a Great Reset out of the dollar and into something else. Gold and silver should come back as an alternative.

We'll have to see how his threats play out.

You have touched upon one of his great weaknesses IMO - the ego. Tied into that is his desire to look good via stock market appreciation/performance. However, compared to China Joe the guy is much better in almost every respect.

I really don't think his aim is to keep this sanctions going. It's sort of a "mafia tactic" in the sense that he throws out these threats and expects countries to come back begging for his mercy and do his bidding. The only problem this time around is that countries are far more resistant to his politics compared to Trump's first term. You can already see this in other countries starting to unite against Trump's ideas. It will be interesting to see what Trump will do if all of these countries decide to push back and slap sanctions/tariffs of their own. Then we will get a real actual "trade war", something I think could very well crash the markets. Will Trump stand strong when the Dow, S&P500 etc. crash by more than 30% and inflation starts rising due to tariffs? I highly doubt he will since we know his ego is very much tied to the performance of the stock market and the economy. This will be very very interesting to see how it plays out.

It will be interesting for sure. So would China shoot itself in the face by dumping their HUGE holdings of US Treasuries and/or causing massive USD devaluation? Is their bond market or anyone else's bond market deep and liquid enough to pick up the slack? Rickards and some others don't think so.

Mining sure would help fill a small part of the gap of any missed tax revenues in Canada from the tariffs. Sure would be smart to get as much mining into production as possible. You would hope this thought crosses someone's mind in Ottawa.

Well, we knew this was coming sooner than later. Trump is threatening to put 100% tariffs on BRICS countries too. How the fuck is that gonna work out for everybody? Maybe, not well.

You have to give Trump some credit, he doesn't take long to stir the pot, but IMO this may backfire on him. This kind of action may accelerate other countries dumping the dollar and not caving to what Trump is attempting to do. This is certainly a bold move on Trump's part, but will it work? This may be the shit hitting the fan moment if the BRICS countries call his bluff.

https://www.reuters.com/markets/currencies/trump-repeats-tariffs-threat-dissuade-brics-nations-replacing-us-dollar-2025-01-31/

Thanks! I think this is the key point here, sort of what I was saying earlier:

“Those who are caught short physical metal are looking around and seeing a window closing here,” he said. They’re “desperately seeking physical metal before the price could jump overnight.”

Good article on the gold move. Trump's tariff threats seem to be what has people jumping into physical gold. Tariff increases of 25% to Canada and Mexico are supposed to happen tomorrow. With all the silver coming from those countries we should see silver move higher on possible higher prices and supply restraints.

https://www.marketwatch.com/story/why-theres-now-incredible-demand-for-physical-gold-in-new-york-markets-7c914e00?mod=home-page

Gold keeps rising and rising every day and also price of oil/gas going down. You literally could not ask for a better macro environment for gold miners right now. Combine this with the geopolitical tension in the world and we will soon have the perfect storm for gold. Notice also how every single dip in the gold price lately gets bought heavily? Something is breaking now in the gold market and people are demanding more and more physical delivery:

https://www.reuters.com/world/uk/london-gold-market-queues-up-borrow-central-bank-gold-after-big-shipments-us-2025-01-29/

Is the decades long gold paper fraud finally cracking? This could be it. People suddenly demanding physical delivery when it is not available could break this scheme.

The very last picture of the second video, the guy posts a Gold-Silver ratio chart and makes the comment he thinks the ratio drops to 79.  That was a big announcement right before he hides behind the paywall.

In a very bullish gold buying spree by US banks, the last comment is that he thinks the gold-silver ratio will drop to 79 from the current range of 88 to 91 over the last month.  If I understand what the guy's prediction was, then this is what the gold-silver ratio looks like.  If gold delivery is getting squeezed and the price keeps going up, and yet the gold-silver ratio is going down, then silver has to rise a lot faster than the gold.

$2800 ÷ 90 = $31.11
$2800 ÷ 88 = $31.81
$2800 ÷ 79 = $35.44
$2900 ÷ 79 = $36.70
$3000 ÷ 79 = $37.97

Buckle up for the #SilverSqueeze

The second link also has a video.  27 minutes.  That guy mentioned silver as well.

O.K., here's a couple of things I've found. The first link is talking about physical gold moving in a big way from the gold vaults in London to N.Y. Listen to the short video with the woman talking about what's happening. I just heard on biz TV that Trump made the statement he going to hit Mexico and Canada with 25% tariffs. The market briefly sold off and is now trying to come back. Gold held steady and is moving higher now.

https://www.zerohedge.com/news/2025-01-30/huge-gold-moves-london-new-york

This next article is about the LMBA being under a selling strain and apparently they don't have the stock to handle the demand. Is this one of the reasons we're seeing this big move higher in gold? Maybe. There's certainly something afoot that's got everyone VERY concerned. It's about time.

https://www.zerohedge.com/news/2025-01-30/lbma-cant-deliver-gold-supply-chain-breaks

IMO what we're seeing today in PM price moves is going to get a LOT of attention. It would appear investors are buying with conviction today. Gold is up $55 and silver is up $1.35. BIG moves.

If the momentum continues through today AND tomorrow to close out the week, IMO this PM momentum higher should continue. $3K here we come and maybe interest will finally come into the miners.

I guess it was the more than expected dovish tone from the Fed meeting. They basically said hikes are off the table. Miners are on fire today, psychology chaging now slowly. Breaking $3k gold will be a banger for the sentiment and it will gain lots of media attention.

Gold looks to be moving through the old price highs of $2800 this morning. Why, I don't know, let's see where the price closes for the week.
We may be heading to that big $3K number soon. Silver is moving big too.

Who knows, it's anybody's guess what's going on behind closed doors. IMO they would be foolish not to keep Duparquet for us, unless we get a deal we can't refuse. Parner with someone on Springpole, if you have to. This isn't rocket science, we have the assets and it's a seller's market.

Get the best deal possible.

Yup, Newmont has been divesting certain non-strategic assets for some time now, but it still works as a benchmark as the sort of deal we could be looking at with our assets.

Saw this article giving a little more in-depth description of what Newmont is doing. They have a divestiture plan they're executing and selling this property to Discovery Silver was part of the plan.

https://www.msn.com/en-us/money/companies/newmont-completes-divestitures-with-us-425-million-sale-to-discovery-silver/ar-AA1xXOK5?ocid=msedgntp&pc=U531&cvid=db14a635c9774befabef44d79b8b4726&ei=43

I don't think it will impact markets at all.

This transaction follows what I've been reading about the bigger companies divesting from certain assets. This was Newmont selling to Discovery Silver, not the other way around, so without knowing the specifics of why this happened, it obviously goes against the theme of the big getting bigger.

It would appear that Newmont is happy with selling this property and letting Discovery Silver develop it further. That's what I'm taking from this deal.

Wonder if and/or how much this will impact markets today:
https://justthenews.com/government/federal-agencies/trump-administration-freezes-federal-aid-outside-social-security-and

Me too. EOM

Yeah, you mean even IF they had the good sense to entrust all the deadly diseases they were cooking up to some semblance of security to prevent it from killing and destroying the lives of millions of people worldwide. In the end the Scumbag that did all this damage gets pardoned and doesn't even get a slap on the wrist.

I hope Trump changes that.

Appears to be an hour or two drive from Duparquet if the Map app is correct.  Thanks for sharing. 

Another M&A transaction has been made in Ontario:

https://discoverysilver.com/news/discovery-announces-transformational-acquisition-of-newmonts-porcupine-complex/

These are the sort of deals we are most likely heading towards with both of our projects if we take the JV/partner route.

VERY interesting article. I can't wait to see the garbage that comes out. Disappointing to say the least. Can you imagine how much good those clowns could have done with all the time, energy and money they put into their horrible work?

Just imagine the progress they could have made if that money had gone into....for example, discovering more medical applications for silver? Or optimizing solar cell efficiency? Or....<insert hundreds of things here>.

I wonder how good the security is? EOM

Not to belabor this, but it would appear this isn't going away. My guess is that Trump will declassify all the crap the Swamp has on Covid at some point. Much like
he just has all the deep, dark, secrets buried on the JFK, RFK, and MLK assassinations for years.

As was stated in this article, there was a reason Biden pardoned Fauci beginning from 2014. They have shit on him from that far back.

https://www.zerohedge.com/covid-19/gigantic-rats-nest-taiabi-hints-fbi-communications-covid-scientist-will-be-exposed

Article from ZH on what may be going on with Deepseek and AI. This may just be market manipulators like Goldman and JPM looking to hose the market with this news. We know this happens all the time. Time will tell how it shakes out.

https://www.zerohedge.com/markets/deepseek-pulls-rug-out-nvidia-asml

It all depends on if what the Chinese are saying is true. I have my doubts it is. These people lie all the time.

I just heard some talking heads on TV saying that the claims the Chinese are making about what they have is most likely a lie. The Chinese don't have the AI chips and technology the West has right now, so how can they be ahead of us in this technology currently?

My guess would be in time, they could have it and do it CHEAPER, later on down the road after they steal what they need.

This stock market is grossly overvalued and this is most likely a correction. The bubble will pop at some point. It's coming. I see gold is back up near the $2800 price this morning, near all-time highs too.

Could the launch of the Chinese DeepSeek AI be the final nail in the coffin for pricking the AI bubble in the US? From what I have read DeepSeek seems to be much much better and over 10x cheaper than OpenAI. This could be it guys. This bubble was just waiting for the right pin to prick it.

O.K., this is what I've been saying is coming. Read this Mish article talking about what Trump told the Davos crowd yesterday. As Mish notes in his article Trump is demanding that the Fed LOWER interest rates or else. So, if inflation stays elevated, how are continued lowering of rates going to help reduce inflation? Well, we know it won't, and in theory it should heighten inflation further. Add Trump tariffs to the mix and that could mean additional inflation.

This may be the impending shit storm moment coming. Trump said he would lower inflation, but if the Fed says they see inflation staying elevated, what happens then? Well, IMO what Mish is saying in this article may come true. That could fuck Trump in the end and be very good for gold.

Of course, the Fed could begin cooking the inflation numbers lower again, and that's certainly possible.
It's not like they haven't done it before.

https://mishtalk.com/economics/economically-clueless-trump-will-demand-interest-rates-drop-immediately/

Yes, it appears to me this whole thing revolves around "digital", non-tangible assets that the young crowd prefer rather than hard assets. This is one of the biggest faults I have with what's going on. Digital anything is just something we see on our computer screen or smart phone. It can be there one minute and not the next.It can be hacked or stolen at any time. We see that going on with Bitcoin.

The other thing I don't really get is the relationship between fiat dollars that we currently use and potential dollar tokenization? What would be the difference between buying physical fiat dollars and new tokenized dollars created by the government? Wouldn't they both in the end be the same thing and represent more fiat dollars being created? How are crypto dollars any different and what would make them better other than just being digital? This is my question.

This all just comes across to me as them selling digital dollars, instead of physical dollars you can obtain at the bank. Maybe I'm missing something, but this all comes across to me as just a money making endeavor for Banks, hedge funds, and crypto speculators.

Check this article out. This train seems to be moving a little too fast.

https://www.zerohedge.com/crypto/blackrock-ceo-wants-sec-rapidly-approve-tokenization-bonds-stocks

VERY interesting....thanks for letting us know. I don't see how crypto is going to save anyone...in fact, in theory if there is a limited amount it will drive the USD price sky high if it is legit. Hopefully he not being counseled that we could use that as a way to pay off the national debt. Like you said - problems ahead.

There are so many cryptos out there and such a huge potential for loss (or gain) that it should be avoided for use as a national currency. I know folks out there will say look at El Salvador. Yes, they have used it, but there are some serious risks associated with it. Gold is much better even if it is cumbersome and not "cool" for the younger crowd.

I just heard this on the biz channel. They were talking to the Trump administration's crypto boss, and he said Trump wants the U.S. to be the leader in digital crypto currency. It appears they want to create some sort of dollar-backed crypto coin/asset that the government would be buying in time. He didn't come out and say they would be buying it, but IMO this is where Trump is wanting this to go. Can that happen without a change in legislation? I don't know. I would be surprised to see it happen with just an executive order from Trump.

The crypto boss did say they DIDN'T want to move to a CBDC system run by the Fed and Trump ran on that during his campaign.

IMO this is the bigger question to be answered on this subject. How will Trump's dollar crypto hopes and dreams affect the way the Fed operates? I see this as a possible cluster fuck in the way this is headed. IMO this may coincide with Trump wanting to abolish the Fed. I definitely foresee big problems coming ahead with what Trump wants, and what the Banksters have in mind.

PM's may be a big beneficiary of the struggle that ensues. We'll see.

Yes, oil deals/pipelines getting done between the U.S. and Canada are coming as soon as all the regulatory roadblocks are cleared to do so. Get Trudope and his minions out ASAP.

I heard someone on the news say that Alberta had insane amounts of oil under it and they're eager to sell. That would benefit them greatly and move
the needle up between the U.S. and Canada.

I grabbed some First Majestic yesterday morning between  $5.495 and $5.52.  Biggest chunk at $5.51.  Couldn't wait until the Armageddon Bubble collapse.  Silver looks scary good right now.

Definitely still waiting for the rewards from First Mining Gold.  I'm just hoping to find a small distraction from First Majestic.   
#SilverSqueeze
#TripleDigitSilver


Also recently grabbed much smaller amounts of NexGold, Seabridge Gold and 
West Red Lake Gold to try to catch lightning in a bottle.  Seabridge Gold is a very attractive acquisition target.  The other 2 are attractive for potential future production and as acquisition targets.

Hope to circle back around and add more First Mining but don't want all my eggs in only one basket. 

Good Luck to everyone. 

Yes, those "non-strategic" assets you mentioned certainly carries value to them in the form of additional financing sources. I think Cameron should be sold as soon as possible for any cash bid we cant get. That asset is really not important to us in any way right now, so if we can monetize that for cash I think it could be a very good time to do now. A royalty could be kept on Cameron for future financing. I think we could maybe net $50 million or so from Cameron if we sold it right now. It could of course be worth more in the future but we really should monetize that asset rather than issue more equity.

The Pickle Crow 30% interest is definitely worth a lot at current gold prices. That is almost a 3m ounce deposit so it's no small by any means. It's really up to Firefly Metals (who owns Pickle Crow) to make a good deal on the Pickle Crow deposit. If they can sell that project for say 100-200m dollars that would net FFMG a very nice cash amount as well. It could even be higher than that if gold keeps rising.

The NexGold shares I would rather keep on our books as long as possible because I think their portfolio will definitely be worth a lot in the near future. They are a near term producer so it would make a lot of sense to try and hold on to those shares.

All in all, if things work out well we could be looking to monetize 100-200m from this portfolio which would be a very nice amount of cash to have while we wait for the big deals for Springpole and Duparquet. Or we could even maybe develop the assets ourselves at least partially.

Implanting, to your point about deregulation - great news for Canada AND the United States. It is still a closed project, but to me it looks like it will be restarted.

https://freebeacon.com/trump-administration/canadian-leader-encourages-trump-to-resurrect-keystone-xl-pipeline/

Great analysis, appreciate it. I'll throw in a quick addition - we'll also still have Cameron, the royalties and FF's interests in Pickle Crow, Big Ridge Gold and NexGold.....though as laid out in your comments Duparquet could be the gift that keeps on giving. With gold continuing to rise and the political landscape changing we are in a good spot.

I ran some numbers on Duparquet yesterday with all of the new information we have gotten from the drilling and also the current gold price environment. The current PEA is already outdated in the sense that the deposit has grown A LOT and the gold price has risen almost $1000 since then. They calculated the length of mine production only at around 2,5m ounces which we know will grow substantially with the current knowledge that the deposit reserves will be around 10m ounces. If we just updated the current PEA with a new gold price assumption (they used $1800/oz) of say $2400/oz. the after tax NPV of Duparquet would already be around 1,3B Canadian dollars. That is a very substantial amount in of itself when you think about it. But the real excitement comes when you understand they will most likely more than double the length of mine production with the updated resource base. Do you guys realize what this means for the project economics when we update the length of mine production to around 5-8m ounces or even more? Keep in mind they always do these PEA estimates on the conservative side just to be safe. When you do an investment decision on a mine you must take into consideration the fact that the gold price and input costs could change dramatically over the life of the mine. This is why they always use a conservative gold price in the PEA to make sure the project can also survive during a bear market.

But anyways, the new PEA should be very interesting to read but let's just assume under the current situation that the length of mine production would double as a bare minimum. This would mean the mine would produce at least 5m ounces in total. According to my logic this would mean we could double the current NPV if we assume all other input costs would remain the same. You double your production = you make double the income, right? Everything else being equal, this would mean Duparquet would have a NPV of around 2,5B Canadian dollars with a gold price of around $2400/ounce. 2,5 billion is not peanuts, and based upon this assumption the company should already trade close to a billion dollars (CAD). Keep in mind this valuation does not even take into account that we also own Springpole. Just with Duparquet alone, we should already be close to a billion dollar valuation.

Now for the really exciting stuff: Imagine if the gold price continues to rise to say $3-5k (or more?) in the next 10-15 years and the mine would produce around 10m ounces or even more during the length of the mine? It's hard of course to calculate all of the variables here but I'm not joking when I say this deposit could really be worth many many billions of dollars.

This is why I have been thinking lately that Duparquet is really the ace in the sleeve here which most investors have completely forgotten about. Everyone is so focused on Springpole and it's EA process they have just ignored Duparquet. But the industry is noticing this asset that I can tell you. Keep in mind that Duparquet also already has all of the required infrastructure in place! There are roads, power lines, smelters nearby etc. So there is literally much less work to be done to get this up and running.

If we get to the finish line here with a permitted Springpole, an updated PEA on Duparquet with 10m ounces, and a market environment similar to 2000-2011 then just watch out because FFMG will be trading at insane valuations. That I can promise you. This current market is completely dislocated from reality.

I agree with everything. It's a total joke to permit a mine in Canada how long it takes, but even with all the red tape it's still considered one of the best mining jurisdictions on the planet. But, as with all countries where regulation is the worst, it can only mean that things will get better from here when we get the new conservative government. Trust me, the current regulatory nightmare in Canada really could not get much worse. There really is no way but up.

Having said that, Ontario's local government has enacted the Build More Mines Act which is trying to do exactly what we want i.e. speed up the permitting process where possible, so at least we have that going for us. The new upcoming federal government will 100% follow Trump's lead because they don't want to risk trade wars with their biggest trading partner. There is a lot of back and forth going on right now but in the end we will co-operate for sure. Trump has been talking about how USA needs to secure the critical minerals industry and move away from China's dependence. Guess which country has a ton loads of said critical minerals? Yes, Canada. I can see Trump and Pierre Poilievre striking deals on the critical minerals industry which means Canada will also be forced to cut back on the regulations. If Canada and USA really wants to secure a good supply of these critical minerals (which also by the way includes silver and gold) they are going to have to cut back on the red tape and speed up the permitting process to get this done. I consider silver and gold one of the most critical metals on the planet even though they are not officially included on that list (yet?). Silver is required for almost all electronics and industries on the planet while gold is the most critical reserve asset going forward in a world where geopolitical tensions are soaring.

Here is another thing to think about: If Trump actually succeeds in getting a deal done on Greenland it will mean massive amounts of new investment and money will start flowing there which will uplift lots of the native people from poverty. How do you think the Canadian First Nations will look at a situation like this? Maybe they will finally realize the potential their communities could have if they also focused on developing all of the mining potential on their lands. Poilievre's incoming new government will 100% for sure be a mining friendly government and they will try and secure good deals with Trump to develop and secure these mineral assets Canada is sitting on.

We are really now moving fast into a very different world compared to the one we had with Biden and all the other woke governments. Trump will prioritize business first in everything which will spillover to other countries as well. Countries will get envious about the US doing deals and getting money flowing to them which will cause a similar race in Canada, Europe, UK, etc. I'm actually very enthusiastic about this situation and what it will mean for FFMG going forward. I can sense we are very close to the sentiment changing towards miners, but we are still going to need that big crash in the AI stocks before anything meaningful will happen. Keep adding shares while you can, I will be buying shares in the next two weeks for sure.

Frank G. said much of the same rhetoric in this interview that he and Pierre Lassonde talked about in another video I posted here last year. These are legends in the mining industry. They are BOTH Canadian citizens and most importantly they care about mining in Canada. It's important to them and you can see it when they talk about it.

The problem in Canada has obviously been the woke, liberal government that's been in power there. They're regulating the mining industry into oblivion. Look at the time and expense that's been spent on permitting Springpole. It's a fucking disgrace that it has taken this long. Who wants to build a mine in country where it takes that long to get permitted and exactly why Frank G. said nobody wants to finance mines in Canada anymore. The process takes too damn long.

What's Trump doing in the first days of his administration? Deregulating all the bullshit Biden had in place that prevented growth. Trudope's replacement should do exactly the same thing. That will help the Canadian miners more than anything. Void ESG along with anything else that deters mining growth.

IMO Saudi is playing both sides as best they can. They want to be a go-between because it helps make them relevant. They seem to want to diversify all the money they're making into other countries (not just Saudi) and more than just oil-related investments. As cold as they were with Brain-dead Joe, my guess is they'll be very friendly with Trump. Trump was talking to the Davos crowd today and he called out Saudi on having oil prices too high. He wants them to drop oil prices to hurt Russia in the war and help end the conflict. Makes sense.

Really good Frank G video. I was surprised that gold as collateral was only valued at !5% of value. That was surprising and I had not known that previously.

The digital gold model he talked about sounded like what is already being done by GoldMoney and by the group Andrew McGuire works with (forgot the name). Maybe I missed something?

He really did sound disappointed with the lack of capital in Canadian markets for gold projects. What surprised me was when he mentioned even the Canadian pension funds don't invest in the sector - they're investing in China.

With the ESG folly abating and a possible change in government ahead, I think things are looking up for Canada. Now if only they could expedite permitting like he mentioned.

'Do you think Saudi Arabia is positioned as the go-between of West and East? While I am not sure on that one, I have noticed they have stayed out of the news lately and more events seem to be happening there and in other middle eastern countries. Not just business events....sporting events as well.

This is a very insightful interview from this Guy, he covers a lot of ground, but the one thing that caught my attention was at about the 28:10 portion of the interview he begins talking about how gold might be revalued higher by the government. This is something I could see Trump doing.

He talks about gold and Bitcoin being neutral reserve assets. I recommend watching the entire video because he makes some valid observations in it.

Let's HOPE that what he said about 2025 being a very interesting year for us holds up.

Duparquet is looking like it could really be a home run for us down the road. They need to find a lot more gold there to make it a 10M oz. deposit, but it certainly can happen. Management just needs to hold out for the BIG money and get that good deal.

Thanks for posting the interview.

This investment group and their investment funds own / control 65.1% of First Majestic Shares.

https://www.electrum-group.com/about

First Majestic Silver Corp. (Canada) SCHEDULE 13G 01/22/2025

https://www.nasdaq.com/market-activity/stocks/ag/sec-filings

I wonder if we should ask the Electrum Group if they think it is a good idea for First Majestic to acquire First Mining Gold?  Keith might need approval first??

Thoughts?
#SilverSqueeze
#Silver
#FirstMajestic
#FirstMiningGoldCorp
#FirstMining
#Gold