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frizzers

First Mining Finance Corp / FF.t

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First Mining Finance Corp / FF.t

 

There's a new IPO coming to Canada in the totally bombed out sector that is junior mining.

 

UPDATED CHART

FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d

0eAAgkh.gif

 

Ratio: FF.t -to GDXJ

fhzkSlP.png

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The man behind the deal is Keith Neumeyer.
For those of you that don't know Keith, he built First Majestic Silver (TSX:FR) and took it from penny stock status to $25 a share (in the heady days of 2010-11) with a 3 billion plus dollar market cap. It is now one of North America's leading silver producers and even in today's beaten up silver market it remains profitable with a market cap of around C$900m and a share price of $7.50. Keith was previously behind First Quantum Minerals (TSX:FM), which followed a similarly enormous trajectory to become one of the world's biggest copper producers. His record in mining is pretty much second to none.
Also involved are many of the other key personnel from First Majestic, such as Ramon Davila and Raul Diaz.
The strategy of the company is, simply, to tap into their huge knowledge base and use it to acquire as many quality mining assets as possible (Americas only) while they are going for a song (we're currently seeing the lowest valuations in 20 years), spend as little as possible on them (watch them 'incubate' I believe is the word) and wait for the time that the mining capital markets stabilise at which point they hope to have a pucker portfolio of assets on their hands.
Revenue will eventually come from re-sales, JVs, royalties and streaming structures.
They already have 18 properties at various stages of development (gold, silver, copper, lead and zinc) and have raised C$2.7m. The company will IPO in Canada via an RTO next month and plans to raise another C$5-10m (at 50c) in the process. A C$10m raise would mean 80m shares outstanding an an approximate market cap of C$40m. Management will own about 10% and First Majestic shareholders 25-30%.
The success of First Mining Finance depends on the metals markets, of course, but the ideal situation would be for them to remain depressed for another while so that assets can be picked up for zilch and for things to then pick up, as surely they one day will. I don't know what the market reaction to the stock will be, of course, but I suggest this is one to hold for three to five years.
Anyway, if you are interested in finding out more or in taking part in the IPO, please let me know and I'll send over forms. If you want to speak to Keith, I'll try and arrange that too. frizzers at gmail dot com.
(I'm investing fwiw)
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It sounds interesting - and the timing could be excellent.

 

Assets are very cheap now, and with Keith Neumeyer managing the company they should have or be able to attract all the skills they need to succeed.

It is not clear how much longer prices of Gold and Silver my stay cheap, but I imagine that KN would run the company in a way where they have some decent staying power

 

Here's a long term chart for First Magestic (FR.t) - going back to even before the days where Mr Neumeyer began building up the company:

 

FR.t / First Magestic ... update

lU4dWP2.gif

 

VHQHEYn.png

==

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http://www.activistpost.com/2015/04/a-global-financial-reset-is-coming-deal.html#more

 

A Global Financial Reset Is Coming: ‘A Deal Is Being Made Between All The Central Banks’

 

 

Global Reset Coming! - Keith Neumeyer Interview ( a very misleading title ! )

Published on 4 Apr 2015

 

Funnily enough, I think I may have been waiting to talk to Keith when he did this interview.

He was at the M&M conference and I waited a long time, and we never got a chance to meet.

So this interview is of greater interest to me.

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FF is now trading !

 

First Mining Finance (FF.v) ... 10-days : C$0.46

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Nice one!
Has traded as high as $0.60 since launch

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Here's a 2016 interview:

BUST! Time to Get Greedy in Mining & PM's, Rick Rule & Keith Neumeyer

 

Published on Jan 3, 2016

Check out Keith Neumeyer's new Mineral Bank:
http://FutureMoneyTrends.com/InvestRight

 

Two co's that Keith Neumayer helped to found; plus his new one:
Sym.: Company----- : C$-- : 2015- range- : 12/14 : 12/15 : -2015chg

FR.t : First Majestic- : $4.74 : $3.54 - $8.55 : $0.00 : $0.00 :

FM.t : First Quantum : $4.77 : $3.75 - 19.83 : $0.00 : $0.00 :

FF .t : First Mining--- : $0.38 : $0.25 - $0.60 : -N / A : $0.00 : N / A

 

FR.t versus FM.t ... update : vs. FM.t, FF.t

Last (11/21/17): FR:c$8.60, FM:c$15.31, FF:c$0.58

cEsIDfA.gif

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Looking back, Looking Forwards - at First Mining Finance

 

Here's a 2016 interview:

BUST! Time to Get Greedy in Mining & PM's, Rick Rule & Keith Neumeyer

VIDEO

 

Published on Jan 3, 2016

Check out Keith Neumeyer's new Mineral Bank:
http://FutureMoneyTrends.com/InvestRight

 

Two co's that Keith Neumayer helped to found; plus his new one:
Sym.: Company----- : C$-- : 2015- range- : 12/14 : 12/15 : -2015chg

FR.t : First Majestic- : $4.74 : $3.54 - $8.55 : $0.00 : $0.00 :

FM.t : First Quantum : $4.77 : $3.75 - 19.83 : $0.00 : $0.00 :

FF .t : First Mining--- : $0.38 : $0.25 - $0.60 : -N / A : $0.00 : N / A

 

FR.t versus FM.t ... update

 

Time to take a Fresh Look?

FF .t : First Mining--- : $0.38 : $0.25 - $0.60 // update: $ 0.66 - Oct. 6th

ZM2IWga.gif

=

> thread: http://www.greenenergyinvestors.com/index.php?showtopic=19893

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SGT Report etc

 

 

FR.t versus FM.t ... update : vs. FM.t, FF.t

Last (11/21/17): FR:c$8.60, FM:c$15.31, FF:c$0.58

cEsIDfA.gif

 

GOLD & SILVER BULLS CAPITULATE: BOTTOM IN?

Published on 21 Nov 2017
Keith Neumeyer returns to SGT Report to discuss the future of gold, silver, cryptos, mining stocks AND the capitulation of former gold and silver bulls which in my mind signals a BOTTOM in this unloved space. Clif High personally told me his web bot data shows that there will be a present for gold & silver in December. We shall see...

Ratio : FF.t to FR.t - buy at 6%?
29PhHyq.png

 

Ratio: FF.t to MNT.t - buy at 3pct ?

 

75ozZBb.png

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Here's a long term chart for First Magestic (FR.t) - going back to even before the days where Mr Neumeyer began building up the company:

 

FR.t / First Magestic ... update

lU4dWP2.gif

 

VHQHEYn.png

==

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FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d

 

0eAAgkh.gif

 

cXCK4uu.gif

with more lines

vBVqaUL.gif

 

=====

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GDXJ - versus FF.t ... update : 5-yrs : 2-yrs : update : 10d /

 

qOy3bzs.gif

Two Years

P8UU2Gr.gif

Ratio : FF.t to GDXJ : 3 yrs

fhzkSlP.png

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Presentation, Nov. 2017

 

Long term Timing looks good

Fk6dHn8.png

 

Big exploration spending in the last few years, has NOT brought big discoveries

C590XGh.png

 

FF looks deeply undervalued at 50-60 cents

r5qvSId.png

 

PRDeLvR.png

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> presentation: https://www.firstminingfinance.com/_resources/Nov_2_Presentation.pdf

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Three Gaps to a Top -- and then a possible A-B-C correction back to Gap#1

 

FF.t ... update : w/o Data :

4T2ybpJ.gif

High/Gap3

7/13/17: O:0.99 H:1.14 L:0.98 cl:1.14 vol: 4.878m
7/14/17: O:1.16 H:1.31 L:1.06 cl:1.16 vol: 8.613m
7/31/17: O:1.15 H:1.19 L:1.14 cl:1.18 vol: 2.224m
8/01/17: O:1.24 H:1.25 L:1.17 cl:1.20 vol: 3.266m GAP open - High close:1.20 x .3812= $0.457

 

FR

LN0lre0.gif

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Get Ready For It, Silver Will Rally to $130, Gold To $8,000 - CEO

Guest(s): Keith Neumeyer CEO, First Majestic

Is 2018 the year of the silver rally? Keith Neumeyer, CEO of First Majestic Silver Corp., thinks so and expects the metal to climb eightfold over the next 3-5 years. He says silver is a story of supply and demand: “to go green, to do all the things we want to do as the human race gets off oil and gas, we need a ton of silver.” He says that unlike gold, silver is a strategic, rather than precious metal, and should trade closer to its mine ratio. “[First Majestic] is currently operating at a mine ratio of 9 ounces of gold for every ounce of silver, so silver should be trading at around 9:1.” Currently, the gold-to-silver ratio stands at around 76 and that is why Neumeyer says he sees silver prices headed for $130 an ounce.

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On 2/22/2015 at 1:52 AM, frizzers said:

First Mining Finance Corp / FF.t

UPDATED CHART

FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d

0eAAgkh.gif

Ratio: FF.t -to GDXJ: xx

 So far, so good:

FF.t / First Mining Finance ... weekly : 2-yrs : 6-mos / 10-d

FO9osof.gif

Yesterday's move : $ 0.62 + 0.06 : +10.71%

On VERY Heavy volume : 3.92 Million shares

Comments

RE:RE:RE:Nice bump in sp

are we seeing money come back into the mining sector finally ? Net short dollar bets way up, bitcoin too expensive,
Dow etc topped out, gold rally commencing . Investors seem to be positioning...read more
==
> stockhouse: http://www.stockhouse.com/companies/bullboard?symbol=t.ff

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