Daniel Ameduri of Future Money Trends on First Mining Finance

Regular readers will know Daniel Ameduri as Liberty Blitzkrieg contributor, the “Dissident Dad.” What you may not know, is that when he isn’t composing thoughtful perspectives on the challenges of raising children in early 21st century America, he spends some time working with mining companies and looking for opportunities in that space.

We recently discussed the possibility of sharing some of these ideas with Liberty Blitzkrieg readers, and since I think the brutal four-year bear market in the precious metals sector could very well be coming to a close, I agreed it might be a worthwhile endeavor.

Today, Dan will highlight a “mineral bank” called First Mining Finance, whose Chairman is mining legend Keith Neumeyer, of First Quantum Minerals and First Majestic Silver fame.

Disclaimer: I, Michael Krieger, do not own any shares of First Mining Finance. All claims and statements made in the email below are provided by, and solely of, Future Money Trends. The following should not be seen as a suggestion by Michael Krieger or Liberty Blitzkrieg to buy shares of this stock. Do your own work, or contact Daniel Ameduri directly with any questions.

I hope you find the following useful and informative.

First Mining Finance (TSXV: FF & OTC: FFMGF)

In the last 6 months, Eric Sprott and Rick Rule of Sprott Asset Management, Doug Casey of Stansberry & Associates, and Marin Katusa of Katusa Research have all invested in shares of First Mining Finance (TSXV: FF & OTC: FFMGF).

Dear FutureMoneyTrends.com Member,

I have one deal you need to look at this year. In fact, if this is the first time you have read our work, please bookmark and save this email, because I believe this recommendation will serve as the ultimate benchmark for our relationship going forward.

We’ve stacked the deck on this one, and I want to get you all the details, as the story of this company is developing quickly. In fact, it’s happening more rapidly than anyone could have imagined.

April 6th, 2015

The birth of Keith Neumeyer’s 3rd company, First Mining Finance (FF), with his first two having reached billion-dollar market caps and making early investors millions!

• The Sprott group, a private fund ran by Doug Casey, Marin Katusa, and Rick Rule, as well as Haywood Securities, were amongst the first investors to finance the company.

FF, much like Keith’s first two companies, First Quantum Minerals and First Majestic Silver, was a company started at the depths of a bear market.

• It started with 18 projects, all with established mineralization: gold, silver, lead, copper, and zinc in the Americas.
• It’s a mineral bank for hard asset investors, where Keith and his team will accumulate high-quality resources at dirt cheap prices due to the 4-year commodity bear market.
• FF plans to do joint venturing projects, spin outs, royalties, and sell some assets to majors for much higher prices.

They’ve fast tracked their fortune creating strategy….Here is  what has happened since they began to trade on April 6th of this year.

April 28th, 2015

First Mining delivers a hostile takeover bid to acquire Coastal Gold Corp (COD). With Coastal Gold management rejecting FF’s offer, Keith and his team went directly to COD shareholders, and 2 weeks later, officially announced a deal to acquire the company with shareholder support.

FF was set to have their first transaction, buying Coastal Gold Corp., a $47 million market cap company prior to the bear market, for just $11 million!

This was an extreme value deal. Installation costs of the power lines alone could easily be $40 million, not to mention the $1billion worth in gold resources.

May and June 2015

Insider buying begins to ramp up, with 10 separate insider buys from founder Keith Neumeyer.

July 8th, 2015

Coastal Gold transaction closes. With the addition of the Hope Brook gold project, FF adds nearly a million ounces of high-grade gold (844,000 indicated/110,000 inferred ounces) to its mineral bank strategy.

• FF paid less than $9 an ounce of gold for this project.

September 1st, 2015

Absolute shock and awe, an event that will likely attract major fund managers and reveal just how serious Keith Neumeyer is in building his 3rd billion-dollar company. With 19 projects owned that at the heights of the market would likely have been valued at $300 million, FF with its current market cap of less than $40 million threw out a haymaker of a press release.

FF announced the acquisition of two companies: Gold Canyon Resources (GCU) and PC Gold (PKL). Once closed, the transaction will add another 6.4 million ounces of gold to their portfolio.

The Springpole project currently owned by GCU already completed a Preliminary Economic Assessment study, with an estimate of producing 217,000 ounces of gold and 1.2 million ounces of silver annually. This is one of Canada’s largest gold undeveloped gold deposits!

• FF is paying about $8 per ounce of gold for this project!

The Pickle Crow gold project currently owned by PKL will add a million ounces of high-grade gold.

• FF is paying about $6 per ounce of gold for this project!

These are dirt cheap prices! Historically, companies pay about $50 to $100 per ounce of gold in the ground when buying a deposit.

September 18th, 2015

Keith Neumeyer, today, owns about 8% of the company. Looking at just the past 3 weeks:

• Keith has made 8 insider buys! Accumulating another 517,500 shares.

First Mining Finance is trading for about 34 cents Canadian (CAD) today, with a CAD$33 million market cap. According to Keith, he has openly stated that the objective for First Mining Finance is to create his 3rd billion dollar company. Which from today’s prices, could be a 2,930% return on investment, or in dollars, like turning $1,000 into $30,000.

These large gains take time, but if you look at the people running FF and the projects it holds, you can see that this business is really is being built just as Keith has described it would be.

Bear Markets is where Keith Neumeyer Thrives!

Keith plans to make a 3rd fortune using this strategy at exactly the right time in my opinion. Management is aggressively looking to increase the project portfolio of First Mining Finance while the bear market in resource stocks persists. They are literally buying while there is blood in the streets and this elite group of resource investors is using FF as their attack vehicle.

Shortages in gold, silver and zinc are
being reported as nearly imminent!

 

In my opinion, the bear market won’t last much longer. In fact, according to Rick Rule of Sprott Asset Management, we could literally be witnessing the final weeks. Once this market turns, you want to own real assets, with high-quality people running them.

This is why researching First Mining Finance (TSXV: FF & US: FFMGF) is a must for any investor looking to position themselves in the metals sector right now! In just 6 months, First Mining has become one of the fastest growing gold-developing companies in the world, with its core projects in the safe mining jurisdictions of Canada, the U.S., and Mexico.

Can He Do It Again?

Keith Neumeyer made his early investors very wealthy, and I believe we have the same — if not a better — opportunity with Keith today in First Mining Finance. Blood is in the streets in the resource sector, and First Mining Finance is a strategic company positioned to profit from its inevitable turn around, in my opinion.

In the mid-‘90s and in the early 2000s, investors with Keith were in the same boat. They owned shares of First Quantum Minerals and First Majestic Silver, with market caps of less than $30 million, only to be rewarded with gains of 10-20-30 times their investment. Today, investors have a new opportunity with him, only this time, the bear market was worse than where the other two companies started from.

And the new company he has started is a no-holds-barred mineral bank that is looking for distressed sellers. With a resume that is 1-in-a-million, Keith has access and influence in this sector, and I think the commitment from people like those at Sprott Asset Management and the KCR Fund, which is owned by Marin Katusa, Rick Rule and Doug Casey, are a force you don’t want to reckon with. You want to just get out of their way and let them do what they need to do.

Precious metal and other mineral companies are bleeding cash, and First Mining Finance is looking to aggressively accumulate assets at bear market bottom prices. In my opinion, in the environment we are in, owning FF is the best way to attach yourself to winners – winners who are essentially millionaire creators.

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