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: New here

Posted by: QuebecAu on March 12, 2008 01:08PM

In response to: New here by BaySt

Glad my post could be of help BaySt. I asked the question because I wanted to hear from the head hancho himself about why the Market Cap is $3.5M when expected profits from the life of the mine are expected to be $85M at $900 gold. Could there be a mine delay? What are factors are depressing the price? The resource is 43-101 proven and the infrastructure is there so I was honestly confused. I guess First Gold is being overlooked by the market right now for whatever reason.
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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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