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SEDI_bot Firesteel Resources Inc. $FTR just filed 2 reports. View full report: SEDI:FTR
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SEDI_bot Firesteel Resources Inc. $FTR just filed 2 reports. View full report: SEDI:FTR
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@thenewswire Firesteel Resources Closes Oversubscribed Private Placement (Amended) @thenewswire/firesteel-resources-closes-oversubscribed-private-placement $FTR 10,210,000 units at a price of $0.05 per unit for gross proceeds of $510,500.00. #financing
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SEDI_bot Firesteel Resources Inc. $FTR just filed 2 reports. View full report: SEDI:FTR
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@newswire S&P Dow Jones Indices Announces Changes to U.S. Indices and Updates to U.S. Indices Methodology and Market Cap Guidelines @newswire/sp-dow-jones-indices-announces-changes-to-us-indices $COHR $FOSL $FSLR $FTR $MASI $TTWO $URBN $AMD $ARE.US $DNR.US $RJF.US $SPGI.US $VSTO.US
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@MiningCatalyst Cheap acquisition from $CXO: Rok-Coyote Property from $FTR. Sold my $FTR shares after they announced reviewing other business opportunities. Rok seemed promising to me. $FTR still has a active JV with $PGX
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@thenewswire ​ Firesteel Resources Announces Sale of ROK Coyote Property @thenewswire/-firesteel-resources-announces-sale-of-rok-coyote $FTR
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@MiningCatalyst IIROC Trade Halt - Firesteel Resources Inc. @newsfile/iiroc-trade-halt-firesteel-resources-inc $FTR
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@MiningCatalyst $FTR up 75% before halt
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RocketRed $ftr trades wiped out
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@rangerbentman RocketRed $ftr trades wiped out ?? I have not seen this before ,is this common and I have missed it ?
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RocketRed was over 400k when i looked at it now shows zero except on another exchange not wiped out 09:48:45 O 0.055 0.015 4,000 143 Pershing 1 Anonymous K was up 100% as well $ftr
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@thenewswire Firesteel Resources Inc. signs heads of agreement for option with Nordic Mines AB @thenewswire/firesteel-resources-inc-signs-heads-of-agreement-for $FTR
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@MiningCatalyst Firesteel Resources Inc. $FTR signs heads of agreement for option with Nordic Mines AB @thenewswire/firesteel-resources-inc-signs-heads-of-agreement-for Interesting acquisition but expensive: Firesteel will initially acquire 10% of Nordic Mines Marknad for €1,000,000. Following this investment, FTR will obtain an option (exercisable within 90 business days of its first investment) to invest a further CDN $20 million to acquire a further 50% of NMM. The final 40% could then be acquired by the Company at fair market value within 12 months of completing the earn in.
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@MiningCatalyst Good catch @LucTenHave
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Lemand If this deal works out, Firesteel will end up with 60% of a Finnish 100k AU oz producing mine that has a cashcost of $540/oz for just $21m. Seems to me this is a pretty good deal, right?
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@newsfile Firesteel Resources Announces $2,000,000 Non-Brokered Private Placement - Video Available on Investmentpitch.com @newsfile/firesteel-resources-announces-2000000-non-brokered $FTR
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@stateside Stateside Report Podcast - April 16, 2017 http://www.statesidereport.com In this episode we take a look back at the week in gold, base metals and the stocks, we look back to January 2016 to see how far we’ve come and how far we have to go then finally we wrap up with news from the sector including: West African Resources $WAF Engold Mines $EGM Atac Resources $ATC Firesteel Resources $FTR Newcastle Gold $NCA Osisko Mining $OSK Precipitate Gold $PRG Newrange Gold $NRG Kootenay Zinc $ZNK Battle Mountain Gold $BMG Bellhaven Copper & Gold $BHV PJX Resources $PJX Nevada Sunrise Gold $NEV Nortec Minerals $NVT Marathon Gold $MOZ Erdene Resource Development $ERD We talk gold, silver, copper, lead, zinc, uranium, oil and nickel.
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Lemand Firesteel is discussed @ 31:20 in the statesidereport podcast
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@thenewswire Firesteel Resources Inc. Announces Repricing of Previously Announced Private Placements @thenewswire/firesteel-resources-inc-announces-repricing-of-previously $FTR #news/mining
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@thenewswire Firesteel Resources Inc. Completes First Installment on Option on Laiva Mine, Finland @thenewswire/firesteel-resources-inc-completes-first-installment $FTR #news/mining
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Lemand https://www.dropbox.com/s/8bxrlgj8kjpucqs/Firesteel%20Lau%20Su%20Opinion-counter%20offer.pdf?dl=0 here is the counteroffer made by Lao Su who owns 22% of Nordic Mines
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@MiningCatalyst Lau Su offer looks better. Still hard to understand all the details
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Lemand yeah Lau Su's offer is much better for Nordic Mines shareholders from a shareprice point of view
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Lemand @MiningCatalyst might be a good idea to hedge by buying some nordic mines stock. Did that yesterday. Three possible futures: 1. Firesteel wins over the Nordic Mines stockowners and after spending $20m ends up with 60% of the mine 2. The deal falls through, Lau Su and other investors invest money in Nordic Mines 3. We end up with some sort of Mexican standoff and the mine doesnt get any financing In the third future all shareholders lose. But if you own both Nordic Mines and Firesteel you win in future 1 and 2
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@MiningCatalyst Whats your source swkining
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Lemand https://www.facebook.com/groups/13086946307/ this is the FB group where shareholders have united
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Lemand Im keeping both my FTR shares and my Nordic Mines shares
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Lemand because if the transaction was a success, FTR now owns 10% of the mine for only 1 million dollars
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Lemand and that thing is worth 100s of millions if they manage to get it up and running again
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Lemand I doubt that they will be able to do that. From the newsrelease of Firesteel: FIRESTEEL RESOURCES INC. (TSX-V: FTR) ("Firesteel" or the "Company") today announced that it has executed the first step of the agreement by paying an instalment of €200,000. Payment of a further €800,000 on the first option will enable Firesteel to acquire 10% of Nordic Mines Marknad AB which owns 100% of the Laiva Mine through 100% ownership of Nordic Mines OY.
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Lemand I dont think that you can just move the ownership title from Nordic Marknad AB to Nordic Mines AB
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Lemand Apparently they transferred 200k out of the 1m they were supposed to transfer to NOMI
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Lemand Firesteel is planning on getting the money through a private placement
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Lemand I guess we'll just have to wait and see what happens
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@thenewswire Firesteel Resources Inc. and Nordic Mines AB Agree to a Revision of Previously Announced Agreement @thenewswire/firesteel-resources-inc-and-nordic-mines-ab-agree $FTR #news/mining
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