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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 techNyon Jan 07, 2018 8:21pm
165 Views
Post# 27302439

RE:RE:RE:RE:RE:RE:RE:RE:Why buy FAT at .91 when AAZ.v is 0.20?

RE:RE:RE:RE:RE:RE:RE:RE:Why buy FAT at .91 when AAZ.v is 0.20?I would like to correct you on one thing aaz p.p. will be at 15c very soon I was told.
wilwal wrote: That is correct. AAZ and FAT are two different investments because of their risk profiles, just like Nemaska is yet another different investment. FAT has had a lot of derisking in the last year that AAZ still needs to work through. So while AAZ may have a lot of price leverage and "might" look like FAT last spring, it might not as well. They have to go through the steps of a DA, exploration permit, work plan, boots on the ground and assays before anyone will know. I own both but for slightly different reasons as above. If you throw all your money in a higher risk higher reward situation, it is akin to gambling. FAT will continue to add value throughout 2018 as the geology becomes much better known and they get closer to discussions with majors and mid-tiers. A couple of notes on AAZ risk in response to comments already made here asI don't like to discuss other stocks on the wrong board. AAZ mgmt is very confident the DA will be signed off and they will fast track their first exploration campaign as well as promo. A PP is not imminent according to management but they have acknowledged they will have to do one fairly soon to fulfill 2018 exploration commitments.
LongShot2017 wrote: One more thing I will say and it should obvious you get what you pay for.  I don’t give a f**k if AAZ SP is 0.20.  FAT is higher for a reason because it’s being de-risked more and more.  It’s like saying buy FAT because it’s 0.91 and Nemaska is $2.  Nemaska has a plant and is producing, and hence, less risk.  FAT is multi dollar by this summer.  AAZ, well, let’s see how that situation unfolds?  Lastly, if bird’s money is in FAT and waiting for AAZ, I’m in FAT. No one on SH can call it like bird, watch and learn!




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