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20.0¢ firefinch limited

Doc has already put together an Experienced management team for...

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JungleJim1

384 Posts.

66

13/05/21

17:09

Post #: 53158329
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Originally posted by contraindicator: ↑

I thought a thread for this one so that people can find it easily for reference
Frank Giustra net worth: Frank Giustra is a Canadian businessman and philanthropistwho has a net worth of $1 billion. Frank Giustra was born in Sudbury, Ontario, Canada in1957. He has been successful in the industries of filmmaking and mining. Hegraduated from Douglas College in 1979.

In the recording “ Frank Giustra: Gold, the Dollar, andDogecoin – The Final Act” about 24m 15s in Frank is asked what does he look forin a gold mining company?
Franks states that building them is what he is good at. Hehas a successful model he has deployed 3 times already in the last 20 years andnow he is building his 4^th.
His Strategy is all about the management. You need the assetsbut without the right management you cant do it. It all started with a singleasset, They acquired a mine and then they deployed a buy and build strategyusing M&A, buying other mines, developing and building other mines. Thisprocess takes 2 to 5 years.
I think that FFX is that model. Over the next 2-5 years wecould have
Morilla plus its twin
Goulamina being a Billion dollar company alone.
Money for explortian and M& A along the way.
Patience is the key.

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Doc has already put together an Experienced management team for FFX

I would NOT want to introduce any new shareholders via a M&A at our current MC and certainly not while we have a server full of data requiring further interpretation and drilling. Why give away our upside?
At this MC any M&A will dilute existing shareholders of the upside and probably needs to go on the backburner until we hit 150/200,000ozs pa

FFX Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

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