First Mining Finance (FFMGF) Bringing ‘Mineral Bank’ Concept to the World of Finance
First Mining Finance Corp. (OTCQB: FFMGF) is a new "mineral bank" business concept created by Keith Neumeyer. The company’s business model is to acquire mineral assets that are currently trading at exceptionally low valuations before holding or banking these assets until the capital markets for commodities and mining improves. At that point, First Mining would add value for its shareholders by entering into agreements with other parties, which would move the projects forward through development or exploration while First Mining holds a residual interest in the project in question. The residual interest may be in the form of royalties, metal…