- The company's founder Keith Neumeyer also leads First Majestic Silver and was the founding president of copper major First Quantum Minerals.
- First Mining's main asset is the Springpole gold project in Ontario, which has a NPV of $1.79 billion at gold prices of $1,800 per ounce.
- This project reminds me somewhat of Pebble in Alaska. It's smaller but the financials and the company behind it look much better.
- I think that at this stage, First Mining Gold should be valued at around $0.80 per share.
For further details see:
First Mining Gold Is The Darling Of Keith Neumeyer In The Gold Space