FMG trade ideas
First Mining Gold Corp Breaks downtrend First Mining Gold Corp. operates as a mineral property holding company, which engages in acquiring mineral assets. It focuses interest on the Hope Brook, Goldlund, Springpole, Cameron, Pickle Crow, Duparquet, PITT and Duquesne Gold projects in Canada. The firm also holds interest on the Turquoise Canyon project in the United States of America; and the Sonora, Oaxaca, Durango, and Nayarit projects in Mexico. The company was founded by Keith Neumeyer on April 4, 2005 and is headquartered in Vancouver, Canada.
GDXJ book is finally emptyGDXJ just droped around 40 millions shares last friday to empty their book.
The market cap was too low for them, it was the force behind the selling since weeks.
At this price, the company assets value is 10x the actual market cap.
This miner is as good as AG - First Majestic on the long term, people do not realize the possible upside FF can reach.
Trade at your own risk!