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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (310928)	8/16/2025 2:29:07 PM
From: Claude Cormier	3 Recommendations Recommended By dara ogi ralfph Read Replies (1) \| Respond to of 312672

Dara, First I am not familiar with Surniname, but since there are some big player there, I guess it is OK. I don't know this company but looking at the presentation it is a speculative investment that makes sense. Founders Metals has a great balance sheet. Mcap/stockprice have come down significantly since the beginning of April. I could not find good reasons for it. So current market cap of near 300 millions looks good for the various targets they have. Also most recent financing have been at a market cap near $500M with B2Gold taking a small chunk. It would be nice to have a first resource cacl on their main target Upper Antino. The new Maria Geralda and Van Gogh looks like the most exciting new targets at this point in time. Hole FR120 in the august 11 press release was really nice. In that regard, look for holes above 100 gr/m (grams times meters) on average. FR120 is the only one above that threshold.