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Foran Mining Corp T.FOM

Alternate Symbol(s):  FMCXF

Foran Mining Corporation is a Canada-based company, which is engaged in copper-zinc-gold-silver exploration and development. The Company holds eight properties encompassing over 140,000 hectares within the Hanson Lake District of eastern Saskatchewan, Canada along the deposit rich Flin Flon Greenstone Belt. Its projects include the development of the McIlvenna Bay deposit, evaluation of the Bigstone deposit, and near mine exploration of several promising targets. McIlvenna Bay is a copper-zinc-gold-silver rich VHMS deposit, which is located 65 kilometers (km) West of Flin Flon, Manitoba and is part of the Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba, through Flin Flon to its ground in eastern Saskatchewan, a distance of over 225 km. Its exploration camp is road-accessible, located 17 km south on the Hanson Lake all-weather gravel road. The Bigstone deposit is located within the Northern Lights Property, which lies west of McIlvenna Bay.


TSX:FOM - Post by User

Comment by nodice7777on Nov 10, 2021 11:07pm
166 Views
Post# 34113335

RE:Its a shame

RE:Its a shameYou must be me from a parallel universe lol. I'm in the same boat as you and been thinking the same thoughts. Dan Myerson did a webinar in August and gave out some nice nuggets of info including a conservative expected cash flow and NPV of Macilvena Bay. As a junior they have it all - great project, jurisdiction, land package, infrastructure, cash and people with skin in the game, deep pockets and connections. Just sit back and watch the show. First production expected to be in q1 2024. Might get swallowed up by then through. 
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