First Mining Gold (TSX: FF) Gains 10.34% to New 37-Month High of $0.24!

First Mining Gold (TSX: FF) gained by 10.34% today to a new 37-month high of $0.24 per share and has so far gained by 54.84% since NIA’s June 1st suggestion at $0.155 per share!

First Mining Gold (TSX: FF)’s Springpole is likely to become Canada’s next major gold project to receive environmental approval later this year, which would allow it to become fully permitted so that it can be developed into Canada’s next major gold mine.

First Mining’s Springpole has an indicated resource of 4,600,000 oz gold including a probable reserve of 3,800,000 oz gold plus an additional inferred resource of 300,000 oz gold. First Mining’s Duparquet has a measured & indicated resource of 3,440,600 oz gold plus an additional inferred resource of 2,640,500 oz gold. First Mining’s Cameron has a measured & indicated resource of 464,000 oz gold plus an additional inferred resource of 533,000 oz gold. First Mining’s 30% owned Pickle Crow gives them an attributable inferred resource of 369,150 oz gold.

First Mining has total measured & indicated resources of 8,504,600 oz gold and total inferred resources of 3,842,650 oz gold.

First Mining’s market cap here at $0.24 per share is only CAD$306.80 million or USD$222.32 million. First Mining is being valued at only USD$18 per oz of gold resources!

If we are considering an investment into a Crypto stock or a graphene stock, we compare it first to First Mining Gold (TSX: FF) and ask ourselves:

Does it have as much upside as First Mining Gold?

Does it have less downside than First Mining Gold?

Is it as undervalued as First Mining Gold?

Does it have a catalyst ahead in the upcoming months as big as First Mining Gold?

If the answer is no, it is impossible for us to get excited about anything else!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from FF of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.