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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 Jan 02, 2018 10:18pm
168 Views
Post# 27267304

RE:RE:RE:RE:I’m Loaded Up

RE:RE:RE:RE:I’m Loaded UpNo question, if the soil samples in the newly optioned land connects Zoro to the extensions to Thompson Bros, that could be the catalyst that sends this thing toward the higher end of the optimistic projections here.  I think the Nova NR has raised that probability quite a bit. If FAT is going to move into the big bucks, the new 2200 ha property has to indicate many potential dykes.

Uknowit wrote:
I agree N75. It was the dyke extensions that caught my eye in Nova’s NR. That bodes very well for the Far/Strider 2200 ha property. 

Let’s not forget that there is a promotion campaign just waiting for a significant NR to start pushing Far Resources. It could start with a NR on the next drilling program. Time is of the essence with respect to drilling and if Nova is drilling, we will be also. Keith is obviously very aware of the need to get going as early as humanly possible and get things done before spring break up. Yes, I also see soil samples being released soon as we are waiting for the 410 samples from October plus the 269 mentioned in Far’s December 7th release (from the new property). We also know that crews were dispatched immediately after that  NR to continue soil sampling on the Far/Strider land so we could get more news on that anytime now. We also know that surface soils will be stripped before drilling. Get the soil sampling done, do the stripping and start drilling. 

Knowing the way Keith operates he will coincide the spin-off date when Fat is running. What better way to enlist investors in their Winston Project? Add to that the NI43-101 for the gold property coming soon. So many possible NRs coming and I’m looking forward to what’s coming. 

These are the known NRs but there may also be surprises along the way. Off take agreements, cooperative agreements and a possible JV to inject $ to speed up the drilling process. I can’t see January being anything short of spectacular for Fat and it’s investors. And we have already broken the psychological barrier at $1 so I don't see this as being as big a barrier this time around either. 

I could have sold some of my shares to chase all those bright and shiny stocks out there but didn’t. I am betting that others did and that there will be a lot of money flowing back to Fat. Things look great for our investment here in my opinion. Cheers. 


Newfie75 wrote: That Nova news release certainly helped make my decision. Free advertising which points to Dyke extensions on Far property. I mean there’s three potential positive news releases that are realistically upcoming in the next three weeks. Drilling program, spinoff and soil samples. 

Likely some psychological resistance at a buck but if we get positive news releases back to back we could certainly shoot past the dollar level.

I love the short term potential here but I’m a little overweight with Fat right now!




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