First Mining Gold Corporation (QX) (FFMGF)

I've spent 25 years as a CFO, and over the past decade I've accumulated my position in this stock, dating back to when the company was still First Mining Finance Corp. I've never sold a single share or posted on a forum, though I do drop in to read what others are saying. Looking back, I was well aware of Mr. Neumeyer's track record at Quantum Minerals and First Majestic, and I shared his thesis on metals. His leadership, beliefs about gold and silver, and the fact that he now holds 40M+ shares, remains central to my conviction as an investor.

In those days, the rule of thumb I'd heard was that only 1 in 100 projects ever becomes a working mine. More recently, S&P Global examined 127 precious and base metals mines (gold, copper, silver, nickel, zinc) that entered production between 2002 and 2023 and had been discovered from 1980 onward. Those 127 mines averaged a lead time of 15.7 years from discovery to commercial production, ranging anywhere from six to 32 years. The sector is notorious for its games, promotional hype, and single-hole "discoveries," but building a new mine requires that many things come together at once: the geology, management, technical expertise, capital, and cooperative community and government interests, to name only a few.

There have certainly been company decisions I've disagreed with, but none significant enough to undermine my original investment case. I'm looking forward to the issuance of the Springpole EA, and I hope Mr. Neumeyer will have both the willingness and the health to keep working on our behalf.

Well said. I see a steady climb as the news gets disseminated and a nice jump when the perment approval is finalized. I keep thinking that first majestic is a most likely partner as Keith is involved in that company. I got to believe that he’s already mapped it out of how this is going to play out in the near future.

I love this

Here's my 2 cents on what might be coming in the next weeks/months ahead.

We should first see the Springpole EA federal approval announcement soon. IMO that comes most likely before the end of June. That will be very big news for the Company because all the Laggards and/or institutional players haven't been able to buy FMG shares till AFTER the official news comes out. That news opens that door. We should also get positive news afterwards from Ontario and local government on moving the mine forward. So, all that comes fairly soon IMO.

When the permitting issues are all put to bed, the Company can get serious about financing the mine. My guess is most of that groundwork has already been planned out. If their plan is to JV with someone at Springpole, they should announce that in the next few months, would be my guess. I think that any JV deal has most likely already has been hashed out, so finding a partner won't be a long, drawn-out process. They've had years to do it, so IMO that's most likely already done.

If they want to do a deal with FM, that will be easy also. FM is cashed up and we can merge or partner with them if that's what Keith is looking to do.

I see this finalizing our affairs with First Nations as just the beginning of the good news we should have coming this year. Without knowing where the gold price is headed in the short run, when gold heads back higher, our shares should move in a big way on the mining sector move. It's coming and we should be well positioned for it if they move quickly.

Finally, some results and the results we all wanted. I would bet that good news will come quite often now as it’s strategically released to build share price. I just bought another 3000 shares Friday but just going to set tight going forward and wait for what’s coming.

This is the COMPANY SPECIFIC moves in the share price I was wishing for. This news has finally gotten the attention we needed to have to make a big move up out of the doldrums. That looks to be happening today. Big price spike on big volume. The buyers are stepping up.
Wonderful....

Been a very long wait and seems that one of the most critical hurdles has now out of the way . Imho the EA was probably already positive , however the delay was to "seal the deal". Great News and congratulations to all here that have held all these years .

They talked about building these roads as a big carrot for Cat Lake and the surrounding areas since the negotiation process began at Springpole, so that was at the top of the WISH list for them. Building these roads won't be easy or quickly achieved would be my guess and I wouldn't think it could even begin in earnest until the mine is up and running. They'll need the revenue from the mine and government to build these roads.

The first road they need to build will be from the mine site to the nearest accessible roads out of the mine site.

Pop and enjoy your champagne. I think I'll wait for the actual Springpole EA approval announcement and subsquent JV deals getting done at Springpole before I go too crazy. Maybe I'll just have a couple of beers later today. LOL

IMO today's news is most significant from a time-frame perspective for us finally moving forward with a higher share price. Rerating of our shares should come after the EA approval is announced, and I would expect more positive news to come after that. I'm hoping the long, arduous, wait for a share price move higher should be behind us at least from a mine permitting perspective.

Ahhhhhh. Looks like the development of an all-season access road to Cat Lake First Nation in northwestern Ontario was part of the agreement. Hats off to the company to get this done with all the negotiations taking place. Just the cost of business to get approvals it seems.


https://www.firstmininggold.com/news/cat-lake-first-nation-and-first-mining-gold-reach-milestone-agreement-on-mobilizing-the-cat-lake-all-season-access-road

Pop the champagne

These were the two big indigenous tribes. Smaller tribes will probably participate after the fact. The company always stated they don’t need 100% of the tribes to approve, just a majority.

Good news finally came. The PR says the agreements that were made were with Cat Lake and Lac Seul communities. I think those were the two communities that were in question about getting approval from and had put up resistance in the past.

The Slate Falls community wasn't mentioned, but I suppose they will be later to come onboard for the mine, probably with other smaller communities.

So, these announcements should clear the deck for our final EA approval from the Feds for Springpole. Maybe that will happen by the end of this month.

I'm curious to see how our share price reacts today.

From the Company website.
https://firstmininggold.com/news/first-mining-announces-springpole-project-authorization-from-cat-lake-first-nation-and-lac-seul-first-nation-following-the-completion-of-the-anishnaabe-led-impact-assessment

First Mining Announces Springpole Project Authorization from Cat Lake First Nation and Lac Seul First Nation Following the Completion of the Anishnaabe Led Impact AssessmentJune 16, 2026 7:30 AM
PR Newswire (US) Cat Lake First Nation and Lac Seul First Nation have completed their groundbreaking Anishnaabe Led Impact Assessment Process and authorize the Springpole Gold Project subject to 35 negotiated termsFirst Mining, Cat Lake First Nation and Lac Seul First Nation have finalized a Term Sheet Agreement regarding the key benefits, environmental protection measures and conditionsVANCOUVER, BC, June 16, 2026 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) announces that following the completion of the Anishnaabe Led Impact Assessment ("ALIA") Process for the Springpole Gold Project (the "Springpole Project", or the "Project") undertaken by Cat Lake First Nation ("Cat Lake", or "CLFN") and Lac Seul First Nation ("Lac Seul", or "LSFN"), First Mining has been informed by Chiefs and Councils of Cat Lake and Lac Seul that the Nations authorize the Springpole Project subject to important terms that have been captured in an agreement between First Mining, CLFN and LSFN (the "Term Sheet Agreement"). Informed by the ALIA, there are 35 negotiated terms secured in the Term Sheet Agreement including: Environmental & Water Protections: Enhanced management of mine rock and tailings, water treatment, and moving the operational treated water discharge location to protect Springpole and Birch lakes.Cultural & Socio-Economic Safeguards: Key conditions addressing impacts identified through the ALIA supporting culture and well-being.Economic Participation: Significant financial benefits, including revenue sharing, guaranteed value in procurement opportunities, milestone payments, and annual capacity funding for direct participation in project activities.Community Healing: Federal and proponent funding to support essential on-the-land healing and addictions treatment."We are grateful to Cat Lake and Lac Seul First Nations, leadership, and their advisors for the enormous amount of time, energy and diligence they put into the ALIA process" said Dan Wilton, CEO of First Mining. "We are proud to have supported this ground-breaking work and have truly valued the opportunity to collaborate and learn from the process. We look forward to continuing our journey together."The Project authorization by Cat Lake and Lac Seul Chiefs and Councils is conditional on finalizing the Term Sheet Agreement into a binding Springpole Project Agreement.About Cat Lake First Nation??? ?????? (Bizhiw-zaaga'igan) or Cat Lake First Nation is an Anishinaabe community in northwestern Ontario, located approximately 180 kilometres north of Sioux Lookout. As of February 2024, it has 830 registered members, with 653 living in Cat Lake First Nation reserve lands. Cat Lake members traditionally speak Anishinaabemowin. Cat Lake First Nation's reserve lands and traditional territory fall within the boundaries of Treaty 9. However, Cat Lake First Nation asserts it has never signed a treaty with the Crown.About Lac Seul First NationObishikokaang (Lac Seul) First Nation is an Anishinaabe community in northwestern Ontario consisting of five distinct communities: Canoe River, Whitefish Bay, Kejick Bay, Frenchman's Head, and Namekosipiink (Trout Lake). As of May 2017, Lac Seul had a membership population of 3,452, with approximately 30% of members living in one of the five communities. Lac Seul members traditionally speak Anishinaabemowin. Lac Seul First Nation is a signatory to Treaty 3.About First Mining Gold Corp. First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns a 20% project interest in the Pickle Crow Gold Project and large equity interest in Seva Mining Corp.First Mining was established in 2015 by Mr. Keith Neumeyer, founder and CEO of First Majestic Silver Corp.ON BEHALF OF FIRST MINING GOLD CORP.Daniel W. Wilton
Chief Executive Officer and DirectorCautionary Note Regarding Forward-Looking StatementsThis news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions.Forward-looking statements in this news release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to (i) entering into binding agreement with CLFN and LSFN; (ii) completing permitting and feasibility study at the Springpole Project; and (iii) First Mining's plans related to its Springpole, Duparquet and other projects. All forward-looking statements are based on First Mining's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, without limitation the Company's business, operations and financial condition potentially being materially adversely affected by the outbreak of epidemics, pandemics or other health crises, and by reactions by government and private actors to such outbreaks; risks to employee health and safety as a result of the outbreak of epidemics, pandemics or other health crises, that may result in a slowdown or temporary suspension of operations at some or all of the Company's mineral properties as well as its head office; fluctuations in the spot and forward price of gold, silver, base metals or certain other commodities; fluctuations in the currency markets (such as the Canadian dollar versus the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities, indigenous populations and other stakeholders; availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development; title to properties.; and the additional risks described in the Company's Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca, and in the Company's Annual Report on Form 40-F filed with the SEC on EDGAR.First Mining cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to First Mining, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. First Mining does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by the Company or on our behalf, except as required by law. Cautionary Note to United States Investors The Company is a "foreign private issuer" as defined in Rule 3b-4 under the United States Securities Exchange Act of 1934, as amended, and is eligible to rely upon the Canada-U.S. Multi-Jurisdictional Disclosure System, and is therefore permitted to prepare the technical information contained herein in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the securities laws currently in effect in the United States. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.Technical disclosure contained in this news release has not been prepared in accordance with the requirements of United States securities laws and uses terms that comply with reporting standards in Canada with certain estimates prepared in accordance with NI 43-101.NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning the issuer's material mineral projects. View original content to download multimedia:https://www.prnewswire.com/news-releases/first-mining-announces-springpole-project-authorization-from-cat-lake-first-nation-and-lac-seul-first-nation-following-the-completion-of-the-anishnaabe-led-impact-assessment-302801573.htmlSOURCE First Mining Gold Corp. Original: First Mining Announces Springpole Project Authorization from Cat Lake First Nation and Lac Seul First Nation Following the Completion of the Anishnaabe Led Impact Assessment

Yessssss!!!!!

https://www.prnewswire.com/news-releases/first-mining-announces-springpole-project-authorization-from-cat-lake-first-nation-and-lac-seul-first-nation-following-the-completion-of-the-anishnaabe-led-impact-assessment-302801573.html

Nice move in our shares today and I don't think it has a damned thing to do with anything company specific, like getting the EA approval.

Maybe at some point in the not-too-distant future that will change and our shares get priced where they should be.

So, what I took from their letter is that they haven't been included in the "group" of native communities involved in what happens at Springpole once the communities approve the mine being built.

Were they left off the list for a reason, or did they just fall between the cracks? That's hard to say, but I thought any agreement made between ALL of the native communities and FMG would include them all in the terms of agreement for the mine.

I was told by Paul that FMG didn't need approval from all the communities, just the majority of the communities, so I don't know if the ONS community is even significant enough for them to mess with. If the 72 people in that community vote against the mine it may not even matter. Majority rules and if the ONS community wants their cut, they had better follow the crowd to the new Springpole gold mine.

I get the impression that ALL of these small communities expect to be catered to when it comes to giving their approval. Some of these communities are not even that close to the mine site, that may be the case with these people.

I hope you're right. EOM

I got a chuckle out of this. Looks like someone wants in on the potential deal/settlement. "The Ojibway Nation of Saugeen is an Ojibwa First Nation in the Canadian province of Ontario. The Nation's total registered population was 206, of which the on-reserve population was 72."

The letter was sent on June 8th. My wishful thinking is that they realized or heard from other tribes that the approval was eminent. They want to get their cut.

https://registrydocumentsprd.blob.core.windows.net/commentsblob/project-80149/comment-66990/2026-06-08-IAAC%20letter%20signed.pdf

Really good Bald Guy video for this week. He has his gold price targets too. Talks about when he will sell his mining stocks.

No one knows where the gold price bottom is, but if we go by what Jim Rogers' 50% correction thesis from the top, we could see sub $3K gold again.

Gareth Soloway is convinced we go down to at least $3500 gold, so everybody has their own opinions on it. So, what's that do for the miners?

I would guess that we see further weakness in the mining sector UNTIL the gold price correction lower has been completed. An overall flush lower in the stock market (when it comes) will likely be the catalyst for that final move lower in the gold price, that will be when the shit-storm hits and the money printing and lowering of interest rates will move people back into gold in a very big way.

Hopefully, by then, FMG will have their ducks in a row and our shares go a lot higher.

Good talk with Rickards and he was kind for the hat tip to Jim Rogers. Not entirely convinced by his fractal theory, but otherwise Rickards is very logical. I have enjoyed reading several of his books.

If gold moves down for a bit, that is fine. Based on continued money printing it will go up again, probably sooner rather than later.

I highly recommend watching this Jim Rickards interview. He talks in depth about the gold price and the gyrations it will take moving forward. He cites Jim Rogers as what has happened to gold moves from the past.

Rickards thinks we're getting close to a gold price bottom, but if his Jim Roger's 50% correction thesis is accurate we could actually move closer to a $3K gold price before we bottom. The move up from that bottom will be parabolic and the miners will come along for the ride.

Interesting discussion and worth watching.

I wanted to post this video because the main theme is them talking about Canada and how screwed up, they've become. This is also why IMO it could finally get some mine deregulation going up there and move Duparquet forward faster. I don't see real change happening until they vote out Assholes, like Carney, but financially they're in bad shape, so that may be coming.

The problems there didn't happen overnight, so they won't be fixed quickly either, but attitudes have to change for that to come about. Economic pain will bring that.

Another big reason Springpole is going to happen. Because it has to.

It would seem that the list of things to be approved from the letter would have already been addressed?

Weren't all of those things very important to the Natives? All of that crap, IMO should have been approved BEFORE a community vote was ever taken. That's what leads me to believe these community votes were just for show.

So, why as an addendum to all the other terms that have been agreed to, do we see this being asked for? Doesn't make much sense to me, but this whole long, drawn-out process is crazy anyway. At least this letter gives us some insight as to where we are.

It maybe the end of June before this all gets put to bed.

There's a lot of uncertainty around how this negotiations process with the First Nations even works. Unless you're in the mine start-up business, it's a long, sorted process between the potential miner, government agencies, and the Natives. These community votes may be in most part "window dressing" because we know the benefits to these communities will be life-changing for the better and not to approve the mine would be sheer stupidity.

I suspected that a delay in hearing about THE VOTE was just the final details and negotiations being hashed out. I think that letter You found just confirms that to us. I'm hopeful that once this hurdle has been completed that good news will come fairly rapidly with other positive news that the Company has waiting in the wings.

So, you're another long-holding shareholder, finally waiting for some sort of completion here. That sounds very familiar. LOL

Keep posting anything you run across here and it will be greatly appreciated. thanks

I agree with you and John von. I think this is a positive sign. Surprising it was not worked out a while ago, but maybe these are issues which arose recently. It is good though - they appear to be working through it.

Thanks for posting the letter. EOM

Thanks. I own a large position in this company and have been a holder for so long (you remember Gold Canyon Resources?) Hoping we are coming to the finish line soon. At first, I assumed the delay in releasing the voting results was a bad sign. But, I think this development leads me to believe they are ironing out the final details on the Nation's approval. We will see for sure. GL all!

Nice find, I commend You and IMO this tells us at least what the Natives are looking for to seal the deal and give (hopefully) total approval to move the mine forward. Nothing in that letter talked about their environmental concerns. It was all about specific indigenous/ancestorial concerns.

I believe that when the EA approval from the government was given months ago that their environmental issues were sunk. The government had the final say on that subject, so that part of their concerns was water under the bridge. They knew that. FMG proved to the government a partial draining of the lake was not an issue in the long haul.

I think that the issues stated in this letter SHOULD be the final hurdle before total approval is given. We shall see.

Agreed. The letter states "part of a Term Sheet agreed to between FMG and Cat Lake and Lac Seul First Nations, subject to community ratification". This was sent to the Impact Assessment Agency of Canada regarding an information request for the EA. Sounds to me like an important step since the big environmental issue with them is the draining of part of the lake. If they have come to agreement on that, maybe we get a word soon on full approval.

I do some internet searching each day for progress of the vote and came across this on the Registry.

Thanks for posting that information. Curious how You got the letter? Anyway, here's my take.

From the verbiage in the letter, it sounds to me like they're still working on getting ALL the details together for TOTAL AGREEMENT with the Natives on getting their approval. As you noted this is what it said, "The consent conditions form PART (emphasis on just part) of the term sheet that has been agreed to by FMG and First Nations, subject to community ratification." So, total agreement doesn't seem to have been met just yet.

This letter was dated this past Tuesday the 9th, so that was supposed to be AFTER the community votes was taken. From the way the letter reads FMG has still not satisfied everything FN's is wanting, but they're still working on it. I would have thought that most of those items listed in the letter would have already been addressed, but apparently, they haven't been. I'm not sure how FN's would be taking a vote on the mine being built without all the terms being agree to?

I see this as good news, but as we all know the deal is not done until everyone signs on the dotted line. IMO from the way this letter reads they're still working on it.

This sounds positive to me....
"The consent conditions form part of the term Sheet that has been agreed to between FMG and Cat Lake and Lac Seul First Nations, subject to community ratification. Accordingly, FMG is committed to the consent conditions in the Term Sheet and defers to Cat Lake and Lac Seul First Nations on the potential sharing of relevant consent condition information that may be deemed non confidential."

I am no expert on mining and consent conditions. However, I have to think this is a very positive step!

https://iaac-aeic.gc.ca/050/documents/p80149/166787E.pdf

A short video with Frank G. speaking to the gold price correction and why/when we see the reversal back to all time highs, as usual he's right.

Frank gives the simplest explanations that always make sense to me.

Here's Keith's right hand man over at FM talking about them. He gives more clarity on JC and looks like they're doing really well.

Tom B. does some really nice videos. This is no exception. If the story is too good to be true, then it usually is. He describes the way the AI scam may blow up.

Looks like Richard Huang (insider) bought some shares recently. This site shows he bought, but not how much he bought. That should be a positive sign IMO.

https://www.insidertracking.com/node/7?menu_tickersearch=FF*CA+%7C%7C+First+Mining+Gold

Good Stoferle video. Was funny when he said, like Warsh, Powell was a Trump favorite in the beginning. Also liked his discussion of how much heat he received in the past when he forecast $4,800 gold.

Thank you for that . In the meantime .....
2026-06-09 16:00 ET - News Release

First Mining Announces Voting Results from 2026 AGM

PR Newswire

VANCOUVER, BC, June 9, 2026

VANCOUVER, BC, June 9, 2026 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce the voting results from the Company's annual general meeting of shareholders held in Vancouver on June 9, 2026 (the "2026 AGM").

A total of 501,078,315 common shares of First Mining were represented at the 2026 AGM, representing 36.20% of the Company's outstanding common shares as at the record date of April 21, 2026. Shareholders voted in favour of all matters brought before the meeting. All five director nominees were elected as follows:

Election of Directors

Director Nominee Votes For % For Votes Withheld % Withheld



Keith Neumeyer 338,987,445 89.45 % 39,962,960 10.55 %



Raymond Polman 347,249,630 91.63 % 31,700,775 8.37 %



Daniel W. Wilton 377,404,041 99.59 % 1,546,364 0.41 %



Richard Lock 336,226,622 88.73 % 42,723,783 11.27 %



Leanne Hall 377,512,334 99.62 % 1,438,071 0.38 %

Appointment of Auditor

Outcome of the Vote Votes For % For Votes Withheld % Withheld



Carried 472,173,136 98.59 % 6,770,866 1.41 %

Detailed voting results for the meeting are available on SEDAR+ at www.sedarplus.ca.

For inquiring minds. My email to Paul regarding the Vote. They don't know the results yet, but will let everyone know when they do. He said there could possibly be a slight delay because of issues in the communities unrelated to FMG. Hmmmm.

Guess they want to keep everyone on pins and needles.

If ARMA passes - it will because enough crypto grifters on both sides (probably their aides) want to support their asset. Will it pass both house and Senate? I just dont see it happening currently. This is about their own personal assets.

For the vote - I guess we have to trust that Dan and Keith have quite a bit invested to see this succeed and that they will find a way to appease everyone in the end and see it through. The tribes are playing their only strong hand - their vote/approval and I imagine it all comes down to economic incentives, something will happen once all the cards are on the table. No way the govt is going to leave the tax potential off the table either - not when it is measured in billions.

Just watched this Larry Lepard video and he made mention of something that I mistakenly thought happened. That was that Scott Bessent was bragging about seizing Iranian crypto, which I thought was Bitcoin, apparently other people thought that too. Adam Taggert mentions it.

They start talking about that at about 18:35 into the video.

Lepard says in this video what they seized were U.S. stablecoins, not Bitcoin and he gives the distinction between the two. How this works apparently, is that these Companies like Tether and Circle are the issuers of these stablecoins and their main purpose is to buy U.S. treasuries. This is all smoke and mirrors because in reality they're only buying what the rest of the world doesn't want anymore and that's our DEBT. Lepard also mentions that they can only soak up from $300 - $400 billion in our debt when the U.S. is rolling over $10 trillion in debt, so they're putting a band-aid on a gushing open wound. It's not enough.

Lepard is a Bitcoin bull, so he thinks it's coming back and without mentioning ARMA by name he does mention the government building a Bitcoin reserve. That talk start about 47:00 into the video.

What about this? Since the VOTE was taken last week, no news on the vote from the Natives, no news from FMG. Nothing just crickets.

This is strictly a guess on my part, but why couldn't the results of the VOTE still be determined by final negotiations between all the parties involved?
The Natives control the vote, the other parties are somewhat still captive to the final vote being positive for them. Who's to say negotiations could still be on-going, prior to an announcement finally being made about how the vote turns out? These final negotiations may be what determines the outcome.

Speculation on my part, but it makes some sense, as to why we haven't heard anything yet.

I don't know. My guess would be either the community votes didn't go well for us OR the uncertainty of how the vote went is causing the selling.

No news may be being perceived as bad news. Why we haven't heard anything on the vote results yet is BS.

Seems this stock heading in wrong direction.  Should be up not not. What's happening? 

Very good analysis with Ronnie Stoferle on where the gold price has been and where it's going. Stoferle thinks we're currently in an intermediate-term pause/correction with the gold price and when it turns up, we go a lot higher.

What I like about Ronnie is he keeps it real and doesn't offer up some pie-in-the-sky numbers about where this is headed. Are we headed to gold remoniitization?
Maybe.

It certainly makes sense to me too. I don't know how they would work it, but if ARMA passes and Bitcoin gets down to levels that bust Strategy's bank and they go under maybe the government puts their Bitcoin in some sort of limbo receivership status. That sounds just like a sneaky, fucking, plan Trump would come up with.

Here's the Bitcoin they hold.

https://www.bing.com/search?q=how+many+bitcoins+does+microstrategy+own&form=ANNTH1&refig=6a27257489f843a0a7cd37b2b903fd86&pc=U531&adppc=EDGEESS&pq=how+many+bitcoins+do+&pqlth=21&assgl=40&sgcn=how+many+bitcoins+does+microstrategy+own&qs=SC&sgtpv=SC&smvpcn=0&swbcn=12&sctcn=0&sc=12-21&sp=1&ghc=0&cvid=6a27257489f843a0a7cd37b2b903fd86&clckatsg=1&hsmssg=0

I heard that video. What Schiff said made sense to me and maybe that is their strategy. Tom Lee and BMNR seem to be having the same issue.

Well, if I were a Bitcoin bull, I would be excited to see the ARMA legislation. The bigger question to answer is why hasn't Bitcoin raillied on the news? It's dropped.

Is that because if the government buys the 1 million Bitcoin they say they will, those Bitcoin will no longer be in the market. They will buy it and hold it if what they
say in the law is true. Maybe, but the reaction from Bitcoin to this point has been negative.

As I said already, those 1 million Bitcoin have to be sold by someone to the government and paid for in fiat dollars. Who's going to do that?

I heard Peter Schiff say something on a recent video he did talking about Strategy and Micheal Saylor and how if Bitcoin keeps falling they could go under and maybe go bankrupt. Would Trump and his minions help that process along to steal Strategy's Bitcoin on the cheap? It certainly seems plausible IMO.