what's up everyone so in today's video i'm going to be sharing with you one small cup
penny stock which has a bright outlook enhanced by inflationary pressures inflation worries are
expected to persist and drive market volatility over the short to medium term or what some predict
to be a pending market crash soon so in today's video i share with you one solid penny stock which
is an inflation hedge and has exciting competitive advantages to make it a long-term winner so make
sure you watch till the end so you don't miss out on what the ceo had to say about their edge
and their outlook also like the video and turn on the notification bell to get this hot penny stocks
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so let's get straight into it and talk free man gold corp
ticket number for otc f m a n f f man f and take a number for the canadian stock exchange
f man f m a n its share price is now sitting at 32 cents and a market cap of 26 million dollars over
the last month this penny stock is up 14 but also down 36 year to date and over the last 12 months
the stock is down 30.4 percent making it look deep value and when you look at the edge of this
pen in stock it is hard not to see the potential over the long term freeman is otc qb listed with
an average of 33.8k shares traded over a 30-day period and over 81.4 million shares outstanding
freeman gold cub is a mineral exploration company focused on the development of its
100 owned lemai gold property the lmi project the lemar project comprises of 30 square kilometers
of highly prospective land strategically located in the heart of lemai county idaho and idaho is
one of the top ranked jurisdictions globally with an extensive and rich mining history
the mineralization at the lemai project consists of shallow near surface primarily
oxide gold mineralization that has seen over 355 drill holes but remains open at the depth and
a long strike in most directions the company is working towards the risking the asset and
producing a mailing resource estimate as a result of both brownfields and greenfield's exploration
but before we go any further let's hear from their ceo will randall about what the company is about
and the outlook of this lemma project uh we're a fairly new company been around i guess about
a year now uh we acquired the lemai gold project which is in idaho usa one of the
best uh jurisdictions in the world uh top three in in the us top eight worldwide and the landmine
project why did we acquire it it has historical uh resource estimates between 800 000 and 1.2 million
ounces at around a gram per ton from surface keep leachable oxidized which puts it in the range of
one of the highest grade oxide deposits not only in the us but worldwide so very very valuable we
then set out to tidy up uh the ownership structure which went requiring a couple of claims that would
have been in the pit area we did that we raised some money we got to drilling as i was mentioning
a little bit earlier 7000 meters to validate the 70 000 plus meters that were drilled in the 80s
and the 90s by three different operators all in line to have a compliant resource estimate out in
april so we're coming right up to that that'll be next month the other items that we advanced over
the last uh i guess six to eight months was on the permitting front and the metallurgical front with
the other two key items to advance this project in the time frame that we want to do it
just to remind you as a group we look to get these assets construction ready permitted within a sort
of three year time frame roughly we've done this a number of times before so obviously the the
metallurgy and permitting are key aspects of that and we're blessed
with a lot of historical data on the metallurgy which we're validating now in our current program
and we're also blessed with uh patented claims which means we own the surface rights and the
mineral rights so the permitting process is a lot smoother and more condemned uh whether a couple of
those holes as i mentioned those uh 2.5 grams over 151 meters that hasn't been done before in this
project so i was surprised at that for sure that's significantly higher than we expected but uh you
know we have a lot of historical data this is the first form so now we really have an idea of what
it is and if the viewers care to go to our website you'll see in our presentation we do have sections
on there and you'll see that there are a bunch of stacked very high grade zones that
are sub horizontal and we're really getting a feel for that that this has really high grade
areas that are sort of five to 50 meters wide and running from two to five grams per ton
and that's obviously is fantastic form for the future economics of the project
okay so really exciting prospects on the high grade quality of discoveries
supporting the economics of the project there are also certain aspects of the lemma project
which give it an edge including its shallow high-grade oxide gold mineralization at 2.5
grams per tone over 151 meters including 25 grams per tone over 8.7 meters which means that
they barely need to dig extensively to begin to discover valuable materials and gold
discoveries greater than 95 percent indicated by historical metallurgical test work they also
have a permitting advantage where freeman owns mineral and surface rights at open pit projects
looking ahead they're looking to progress to phase two of the project having completed phase one
and this involves the second phase of drilling commencing and targeting brownfields intercepts
on strike and at depth this round of drilling will focus on areas outside
the initial resource already identified by the historical drilling and their target
is to increase the maiden compliant resource to between 1.5 to 2 million ounces of contained gold
so freeman is targeting high quality near surface ounces in a top-tier jurisdiction
led by highly accomplished and experienced team with a track record of success they
have a world class management team led by their ceo will randall who previously discovered and
led another mining company lithium x energy and another notable strategic advisor paul martisek
who has led five public companies buyouts creating over 2.8 billion dollars in shareholder value from
a valuation standpoint when compared to sector ps you very quickly begin to see how on the value
this penny stock is at its implied market cap of 26.8 million dollars versus sector ps at north
of 66 million and up to 443 million dollars and when you look at the enterprise value per ounce
at 22 dollars it is a stark difference from its peers which gives it a competitive advantage
giving their shallow mineralization opportunity so should they be successful in hitting their
milestones and this course advantage translates into the bottom line i see this penny stock being
re-rated and in line for an explosive share price growth over the medium to long term freeman has
analysis from eternal capital markets covering the stock from july with a speculative buy rating
the price target of 1.10 gives it an upside opportunity of over 243 percent from current price
levels in the analyst investment case they believe that freeman trades at an enterprise value to
ounce of gold of 23 us dollars versus the junior peer group average of 59 dollars per ounce and
considering its location in idaho 100 ownership 90 of the resource falling within patented claims
that ease permitting requirements versus federal forest service lands potentially positive economic
implications from a higher grid core near surface and further drilling work and resource growth
potential the belief freeman's lemay project has an ingredient for further development
and evaluation re-rating so really really exciting times and mind-blowing prospects i have for this
penny stock this video is not financial advice a buy or sell recommendation but it's meant
to bring some new and exciting penny stocks to your attention for you to do your own research
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