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Forsys Metals Corp T.FSY

Alternate Symbol(s):  FOSYF

Energy
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

Forsys Metals Corp
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Post by make_rubleson Nov 14, 2008 11:07am
461 Views
Post# 15586350

Any guesses as to price?

Any guesses as to price?If we get taken out anywhere near this price it would be a big disappointment to me.  Even a 50% premium to today's price would be just under $7CDN which I still don't think is very good.

Anybody hearing any prices for a the takeout?  Personally, I think selling at anything under $8 would be selling us short.  At $8CDN that would bring cap to 640 mill CDN which would equate to just over ~500mill US.

What price are people hearing?

GLTA!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities