january 18th i'm very excited to have |
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this is could be one of our next 10 |
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2022 to start off the year right |
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so first energy metals fe on the csc |
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first energy to be a 10 bagger stock |
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four or five dollars in the next you |
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MONEY
four or five dollars
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12 to 18 months hopefully 12 to 18 days |
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but 12 to 18 months you know that will |
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story that is first energy what you're |
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fe is going to be that next 10 bagger |
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over 37 years |
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i've worked in 34 countries |
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14 months it's gone up 10 times in value |
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behind them so um you know one of the |
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slideshow a bit here for first energy |
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to be around 300 million ounces it also |
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QUANTITY
around 300 million ounces
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so they're 100 behind lithium and |
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the project is quite large one of the |
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and it's located within 40 kilometers so |
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25 miles away from the mining hub of |
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before go up 10 times which |
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market penetration is now 20 percent in |
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around three percent but there's been a |
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PERCENT
around three percent
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the pandemic but we've still seen 100 |
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carbonate has gone up 10 times and |
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i should mention there's three major |
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you know a road that's 200 miles long or |
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in 2021 we saw that we got out there and |
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we did 5 |
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800 meters |
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in 32 drill holes |
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for our phase one program |
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and we did two drill holes |
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so phase two uh our next program has |
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year december 6 that we're beginning our |
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new phase two drill program |
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2021 |
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intersections up to almost 300 feet |
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in canada we have a 43-101 national |
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one to point two percent |
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uh one percent doesn't seem like a very |
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mining ton of rock that represents 10 |
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the tesla say model 3 uses about 10 |
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|
kilograms 22 pounds uh in a car so |
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say 20 million tons that would satisfy |
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20 million cars |
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the area the two mines |
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|
now that are identified the two |
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|
resource of around 19 million tons |
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QUANTITY
around 19 million tons
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|
world i think number three perhaps for |
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|
it's it's only about 25 miles away from |
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QUANTITY
only about 25 miles
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|
so number two here is one of the largest |
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|
three miles |
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if not one or two deposits with within |
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the 20th century early part of 20th |
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10x to a four |
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|
five dollars in terms of that it's so |
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|
200 million dollars right now you have a |
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MONEY
200 million dollars
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|
market cap of 20 million what needs to |
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|
uh for for fv to be worth 200 million |
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one of the nearby deposits particularly |
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|
physical presence within just one of our |
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|
a resource of about 20 million tons |
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QUANTITY
about 20 million tons
|
|
as i said before that would satisfy 20 |
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|
million cars |
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|
size around that 20 million and they re |
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|
it represented about 3.2 billion in |
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|
these are multi-billion dollar deposits |
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|
so if we can get to that 20 million |
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|
basically a 20 million uh 20 million ton |
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|
uh expected revenue from that 20 million |
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|
|
was 3.2 billion |
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|
if you had done it just three months ago |
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|
three billion is the total projected |
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|
600 million at least yeah you know today |
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|
you know not a 10 bag but a 30 bag or |
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|
there's a path for this thing to be a 30 |
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|
|
you know 30 bagger 30x |
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|
|
is about 800 meters so |
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QUANTITY
about 800 meters
|
|
what is that roughly times three |
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|
|
2400 feet |
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|
have the same right now with just one of |
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|
|
a known showing that's about 825 meters |
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QUANTITY
about 825 meters
|
|
200 feet every 300 feet so we can build |
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|
|
acceptable by the 43101 classification |
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|
43-101 so that's all it's going to take |
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|
|
almost three miles long we have three |
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QUANTITY
almost three miles
|
|
based along one structure which i think |
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|
|
audience questions in just a second here |
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|
20 potentially there's a resource of 20 |
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|
million tons and that's enough for 20 |
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|
million cars |
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|
style i will say one thing like it it |
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|
|
the 25 percent of that quebec lithium |
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|
|
that resource is around 19 million tons |
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QUANTITY
around 19 million tons
|
|
from no resources zero to we're going to |
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|
|
electric by 2030 so this is the greatest |
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|
it's the first energy no it's it's |
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|
|
the last samurai the 19th century and |
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|
i think this is like 1900 circuit and |
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|
20 bag or or 30 bagger plus in 2022. |
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|
that's one thing i really am proud of |
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|
about first energy is we're not just |
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|
you know phase two was originally |
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|
important first of all we have some |
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|
from phase one a couple holes left we've |
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|
metallurgical tests uh sgs labs one of |
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|
|
sufficient for the planned phase two |
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|
|
in the coming two months |
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DATE
the coming two months
|
|
would like to extend the phase two |
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|
|
amount of drilling as the phase one |
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|
|
just under 000 meters so in order to |
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QUANTITY
just under 000 meters
|
|
expect drill results for phase one and |
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|
|
or phase two |
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|
um it can be anywhere from three weeks |
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|
to six weeks to get uh results back from |
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|
|
bit left from phase one |
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|
and then we're into the phase two |
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|
weeks we should see the first uh |
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|
|
some results from phase two |
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|
we're on to the next one |
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|
i mean one when investors that's why i |
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|
|
earlier when you see one percent |
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|
|
terms of percent but one percent |
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|
|
10 000 grams per ton |
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QUANTITY
10 000 grams per ton
|
|
result of 30 grams per ton |
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QUANTITY
30 grams per ton
|
|
or one that would be one ounce per ton |
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|
|
that our one percent represents 10 000 |
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|
|
you do the math it's 10 kilograms per |
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|
|
uh which is in the imperial system two |
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|
|
thousand two hundred pounds roughly so |
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|
|
we're coming out with 22 pounds of |
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|
|
1.2 1.3 so we we've exceeded that one |
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|
|
grade we'll probably have 1.1 1.2 |
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|
|
ones for the last uh about two years |
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|
recently did a near billion dollar deal |
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|
|
so just a second share |
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|
|
can people see that uh hang on a second |
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|
|
hang on a second |
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|
|
in late 2020 |
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|
|
the price here was around 39 000. now |
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|
|
at the very end months of 2020 it was |
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DATE
the very end months of 2020
|
|
around 5 000 u.s dollars per ton |
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|
|
it's 51 000 dollars per ton |
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|
|
would have had a ten bagger |
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|
|
it's number three in terms of the |
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|
|
um you know companies are designing 18 |
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|
|
i've been predicting back to a hundred |
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|
|
norway was one of the first countries to |
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|
|
a certain uh i think maybe 2030 or |
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|
|
2030. |
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|
now in europe and china 20 |
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|
|
think for each one percent of market |
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|
|
requires another 70 000 |
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|
|
he's asking um so two weeks ago he's |
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|
|
saying the stock was 26 cents today it's |
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|
|
37 in your opinion what contributed to |
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|
going to be doing some work in 2022 here |
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|
go in in two minutes so um |
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|
|
your opinion what are the top three |
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|
|
the stock you have to give three reasons |
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|
|
one two and three top three why they |
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CARDINAL
one two and three top three
|
|
should consider uh first energy today |
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|
|
got going faster for phase one uh we got |
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|
|
going much faster for phase two than the |
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|
|
in terms of the national instrument 43 |
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|
|
101 you can't talk about previous old |
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|
|
resources they did have one for that |
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|
|
have almost three miles of showing after |
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QUANTITY
almost three miles
|
|
exciting we may have one we may have two |
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|
|
as i said where you find one deposit you |
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|
|
better than the 1950 results |
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|
|
line is that first energy you know you |
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|
|
got the three things three ingredients |
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|
|
for next for one of our next super |
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|
|
stocks which is one you're going after |
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|
|
multi-billion dollar opportunity the |
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|
|
for this thing to be a you know 20 30 |
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|
|
hit three people who've got mining |
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|
|
see you the next one all right cheers |
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