$5,000+ Gold As Fed Shovels Endless Cash Into System: Dan Wilton

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Visit Dan Wilton https://firstmining.com
Symbols TSX - FF / OTC: FFMGF / Frankfurt: FMG

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It's been six months since Dan Wilton, CEO / Director First Mining Gold, sat down to discuss the state of the gold market. We followed up on what he stated in March 2020 about the mining companies having double the free flow of cash with gold around $1,500. Gold is now bouncing between $1,850 and $2,000+. First Mining Gold is now sitting on a mountain of cash to move their projects forward with little resistance.

We then turned to a review of the projects First Mining Gold is working on and the absolute rock bottom acquisition cost of their three largest projects. These projects should convert into world class mining operations that any of the senior mining companies would love to have on their balance sheet. Mr Wilton explained, as of now, there is no concrete answer as to how they will proceed with all the acquisitions from the senior mining companies, but the final outcome will be what's best for all invested.

We wrap up with Dan's analysis of where gold is headed in 2021 and beyond. With all the tailwinds pushing gold, and fundamentals coming back into view, gold is moving closer to center stage investments everyday. It's a great conversation and well worth your time, especially, if you are looking to add to your position or add First Mining Gold to your portfolio.