First Gold Exploration Controls a 50% Interest In The 289,890 oz Gold Deposit at Croinor
First Gold Has A Market Capitalization Of $4.7M (April 9/08) Despite Owning 289,890 oz/Gold At Surface (NI 43-101 Compliant)
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Re: Question for AGORACOM

Posted by: filbert on March 10, 2008 11:43AM

In response to: Re: Question for AGORACOM by AGORACOM

Eric has a good point. He's basically saying that the gold is there and about to be mined and that eventually, the market will realize this and the shares will be priced accordingly.

Clearly, right now the shares are undervalued bigtime; just read the previous 3 posts and do the math. $8.5M in PROFITS for every 40,000oz Au extracted - and they have 289,000oz+.  Of course, this totally discounts any value of their 2 other Quebec properties and Nevada option - its insane really. 

 

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Executive Address
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Eric LeBoeuf
President & CEO
March 27, 2008

President & CEO Eric LeBoeuf Talks About Developments at the 289,890oz Croinor Gold Project

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