Forsys Metals Corp T.FSY

Alternate Symbol(s): FOSYF

Energy

Forsys Metals Corp. is a Canada-based uranium developer. The Company is engaged in the acquisition, exploration and development of mineral properties. It is focused on advancing its wholly owned Norasa Uranium Project, located in the jurisdiction of Namibia, Africa, which is wholly owned by its 100% owned operating subsidiary, Valencia Uranium (Pty) Ltd. The Norasa Uranium Project is comprised of the Valencia Uranium deposit (ML-149) and the nearby Namibplaas Uranium deposit (EPL-3638). 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.

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Forsys Metals Corp

Bullboard Posts

Post by stocknutfanon Jan 18, 2007 8:18am

525 Views

Post# 12040410

RoBTV: Patricia Mohr on Uranium

Patricia Mohr, vice president of economics, Scotiabank

I have been bullish for number of years now and our average price for spot uranium is $80..averaged $48.10 last year, right now around $72..by end of this year could well be approaching $90..Cigar Lake had huge immediate impact because Cigar Lake would have been first major increase in new mine supply in world..we have not seen much incremental mine supply for really a decade and Cigar Lake would eventually ramp up to 18 million pounds, but now delayed at least a year, probably more..immediate price increase, moved up a lot more since announcement of flood

https://uraniumstockinvesting.blogspot.com/

Bullboard Posts

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