First Mining Gold Corp (LTS:0P07)
C$ 0.15 -0.0125 (-7.35%) Market Cap: 167.00 Mil Enterprise Value: 154.08 Mil PE Ratio: 0 PB Ratio: 0.73 GF Score: 33/100

First Mining Gold presents at the virtual Metals Investor Forum Transcript

Aug 06, 2020 / NTS GMT
Release Date Price: C$0.518242 (+3.78%)
Dan Wilton
First Mining Gold Corp. - Director and CEO

I'm Dan Wilton, CEO of First Mining Gold. I'll take you through a little bit of our story and the direction that we're going in. I'm going to make a few forward-looking statements here as we go through.

The First Mining, as Brian said, is sitting on a portfolio of gold projects that were really put together essentially under the premise of a mineral bank in 2015, 2016, exactly the time that Brian was pointing out in his charts. The gold price in this run was hitting its bottom of $1,050, $1,100. So we've been blessed with this portfolio that was picked up at a time when the capital markets for particularly mining developers had abandoned them. And that started rolling over in 2011, 2012. At the time these were picked up, it was four years of bear market. And Keith Neumeyer, who is our Chair and the CEO of First Majestic and a few like-minded folks saw that you could never explore for and find gold at the values that you could acquire really good projects at that time.

So they said about acquiring a bunch of projects inside First Mining

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