FFX 0.00% 20.0¢ firefinch limited

opening price, page-23

  1. 4,528 Posts.
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    There's just too much good news to follow IMO for the share price to drop drastically? Remembering our Randgold agreement has practically been finalised...And if the PoG increases exponentially we receive 4% of every oz mined (not 4% of profits... so if the PoG goes to $2000, for instance, we receive $80 US. Ntiola was rumoured to have 400k and Viper has some pretty good hits also along 600 metres in layered formations.

    I know 2k per oz is ridiculous to think of however, the 20 trillion debt ceiling of the Fed reserve will in July make the PoG more volatile to the upside given there's $100 trillion or so in market equity that will soon want to reinvest into less inflated markets like Gold and Silver. As currently, only half a percent of all investment equity is in the precious metals markets and the Gold market is currently only just over 1 trillion in valuation. Long and winded explanation but IMO Gold will increase in Price and our market cap could quite easily multiply on rumours there's a run...our MC is only 2X our gold royalty valuation currently with a Lithium project that is favourable to any Brine operation that requires 4-5 times the infrastructure cost and 3 times the processing expenditure.
 
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