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Bullboard - Stock Discussion Forum 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... see more

CSE:FAT - Post Discussion

Foremost Lithium Resource & Technology Ltd > How long will it take to get this property into a mine?
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Post by Ompton1234Wello on Feb 05, 2022 10:08am

How long will it take to get this property into a mine?

Its all hype with no substance. just granted 14 millon shares with the same MO when they ran the stock to $1.17 issued options the last time. Management granted 2million options at 28 cents to who? Start asking questions. 200 million shares issued. Is there a roll back coming.
Comment by KozmoT on Feb 05, 2022 2:57pm
Um, wouldn't they first have to discover something economically mineable?  They have nothing even remotely close to that. Not ... Even ... Close.
Comment by Karina70 on Feb 05, 2022 2:58pm
Hey Oompa Loompa. You need a bit of education so I'll help you.  PSU/RSU  that were granted are based on share price appreciation milestones starting at 50cents all the way up to $1.75.  They haven't received any shares yet until milestones are met.  READ THE PRESS RELEASE.  No one was granted 2mill options, your confused.  Previous management granted ...more  
Comment by famar on Feb 05, 2022 7:07pm
Wouldn't that be a good return to start with if it runs to $1.17 I would take it any day...LOL... On the other hand if LITM whose trading presently at $6.50 US = approx $8.25 CAD and getting good results decided to make an offer to FAT who I belive has more property than LITM...hmmm...I don't see why FAT wouldn't be worth a calculated investment. Guess what, why would you do a ...more  
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