Classic Flynn Gold " another presentation without any new data is the way we find ore bodies" approach. extra points to management for still not noticing they have the cash balance as at Dec 31st 2023, even though they have raised their next two quarters of salaries from the most recent cap raise.
On the plus side, the last results from Fire Tower were released 22nd January and they have two drill holes for 290m yet to be released. normal drilling of 290m would usually take <2 weeks to complete and, true to Flynn form, its now been 2 months so fair chance they either delayed sending the core for assay or they already have results and are waiting for something ?? whats the chance they pump the share price on these forthcoming results for another cap raise ? Both holes should be mineralized as they were drilled into almost the exact same spot into known mineralization (according to the collar locations and section provided ann 22nd Jan).
Gold screaming up at all time highs -> Flynn gold near all time lows with no market interest at all... says all you need to know. quality operation here
FG1 Price at posting:
4.1¢ Sentiment: Sell Disclosure: Held
