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Forsys Metals Corp T.FSY

Alternate Symbol(s):  FOSYF

Forsys Metals Corp. is a Canada-based company, which is engaged in the business of acquiring, exploring and developing mineral properties. The Company is principally focused on advancing the Norasa Uranium Project, which is wholly owned by its 100% owned operating subsidiary, Valencia Uranium (Pty) Ltd comprising the Valencia Uranium deposit (ML149) and the nearby Namibplaas Uranium deposit (EPL3638) in the politically friendly jurisdiction of Namibia. The Valencia Uranium project is situated on the farm Valencia 122, which is located approximately 75 kilometers (km) north-east of the town of Swakopmund in central-west Namibia, covering an area of 735.6 hectares (ha). The Namibplaas Uranium project is located 7.5 km northeast of the Valencia deposit on the farm Namibplaas 93, with a total surface area of 1,269 ha.


TSX:FSY - Post by User

Bullboard Posts
Comment by make_rubleson Feb 02, 2007 12:32pm
392 Views
Post# 12149611

RE: fyi - TA-trend and volume - bwana2

RE: fyi - TA-trend and volume - bwana2Lots of news in the pipe. 1. $47.5 mill PP closing. 2. Spinoff of non-Uranium assets coming soon. 3. Prefeasabilty report due by end of Q1. Resource increase is likely. 4. I would expect a Jolly Zone update this quarter as well. I wouldn't rely too much on the charts at this point. When the news all comes you can throw it all out the window. Bottom line is there are no major sellers and MMs are just playing around. SP today is just noise as to the real value of FSY. Double digits are coming!! IMHO Good Luck!
Bullboard Posts