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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First Gold Exploration > Message
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Re: Interesting coverage in Germany

Posted by: BaySt on May 06, 2008 02:44PM

In response to: Re: Interesting coverage in... by Goldexplorer

I think I speak for premiere in regards to our belief the price should go higher. I mean, we've all talked at length on how simple the economics of Croinor are, and what we stand to gain from the situation. EFG's ownership there is worth something like $75M at todays prices, discounting production costs at 50%JV. Markcet Cap right now: $3.5M

Doesn't make any sense, but like always, the market dictates when to buy.

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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

View Broadcast