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Foremost Lithium Resource & Technology Ltd C.FAT

Alternate Symbol(s):  FMST

Foremost Lithium is a hard-rock exploration company strategically located to capitalize on the world's growing EV appetite and is committed to being a premier supplier of North America's lithium feedstock. As the world transitions towards decarbonization, the Company is focused on exploration and growth on its 5 Lithium Lane Projects in Snow Lake Manitoba. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA.


CSE:FAT - Post by User

Comment by wilwalon Dec 18, 2017 10:27pm
155 Views
Post# 27183894

RE:RE:RE:RE:Buyout question

RE:RE:RE:RE:Buyout questionThe only resource estimate that has credibility for investment purposes is what is calculated using the standards of NI 43-101.  I would call that estimate "investment grade".  There is a pretty high bar set for that tonnage can be included in the resource estimate.  Commercial parties can, however, estimate beyond that for internal purposes but they can't report that as reliable.  Thank Bre-X for that!


phantom666 wrote:
Now is that a technical 43-101 or a resource size? Big difference. Could have a resource size from one dyke but the property has quite a few.


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