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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 Karina70on May 14, 2021 2:19pm
121 Views
Post# 33204610

RE:RE:RE:RE:RE:WTF !!!!!????

RE:RE:RE:RE:RE:WTF !!!!!????Again,

I've explained there is a serious issue regarding fundamentals of finance.  Your attempting to use past managments history as a reference point and they are no longer running things.
The company has new management since late July and previous mangement burned through money as well as had much higher consultant and mangement fees. 

For last three months ending December 31st as per financial statements the new management has $17,831 in proffessional, office and mangement fees as they recovered $7664 in proffesional fees.  
In fact there has been no payment made to management thus far and only options totalling 4 million, and not vested options meaning they have to write a personal cheque from their bank accounted to cash, and when those are cashed, that equates to more money in the treasury.  This is all public record.

You keep referring to Accounts payable from December 31st when we are almost 6 months later.  So much has changed.  Form 7's haven't yet been filed for April, you have no idea what's been paid and negotiated down.  What we do know is over $1.2 million since December 31 has been put in treasury from warrants, options and private placement.

As for Zoro and all your posts, there was an unfortunate error and retraction however that was addressed and you keep trying to bash. The Zoro Property has favourable grades and widths, up to 1.4%Li2O over 49.8 m.  The Lithium space is very hot and with the property located in Northern Manitoba, an advantage for Far Resources is a scarcity of pre-existing Indigenous land and mineral claims and lack of presence of the First Nations in that part of Northern Manitoba allowing administration of such permists much more easily.  

You keep trying to insuate that lack of news means something bad, but alternatively, perhaps there could be something quite good is brewing??

In fact with over $5million dollar already spent on past drilling on 13 lithium-bearing pegmatite dykes and with the lithium space being so hot, don't you think the property is really quite attractive??  :)


Did you ever think Ms Kozmo, that all you do is come on the board and bash when I come back on here and discredit and then get to post favourable information about the company?    I'm a shareholder.  I've obviously done my due diligence.  But hey, if you want to try and continue to post information I'm here to correct. 


Question,
Do you lose money when your posts continue to unitentially promote the company like you keep doing?  I'm here all day for you.


Your loving Karina
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