First Nordic Metals Corp. (FNM)

First Nordic Metals Corp. (FNM $0.36)
- $0.36 Cap: $112M
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First Nordic Metals Corp. (FNM $0.36)
- $0.36 Cap: $112M
- View FNM Profile
- View Questions on FNM

Q: Hi Peter..,may I have your thoughts FNM and their relationship with AEM? It looks like AEM is going to purchase 13% of FNM with the money going to in turn fund the purchase of some land and this year’s development work. I suppose $8 million is not a huge sum for AEM. Would you characterize FNM as your proverbial lottery ticket or is it a small step better?
Any comments you have would be appreciated. I don’t own the stock as, I suppose, I don’t have the same level of confidence that AEM appears to have.
Jim

Read Answer Asked by James on July 24, 2024